Brief: Kapsch TrafficCom Sees Q1 EBIT Down At EUR 4.6 Mln

Kapsch TrafficCom AG

22/07/2019 05:57

July 22 (Reuters) - Kapsch TrafficCom AG  KTCG.VI :
    * SAID ON SATURDAY THE COURSE OF THE 2019/20 FISCAL YEAR
WILL BE
SIMILAR TO THAT OF THE ONE BEFORE: A WEAKER FIRST HALF-YEAR
PERIOD SHOULD BE FOLLOWED BY A STRONG SECOND HALF
    * THIS SEASONALITY SEEMS TO HAVE A STRONGER THAN EXPECTED
IMPACT
ON THE OPERATING RESULT (EBIT) IN Q1 2019/20, WHICH WOULD LIKELY
AMOUNT TO ABOUT EUR 4.6 MILLION (PREVIOUS YEAR: EUR 7.1 MILLION)
    * FURTHER NEGATIVE IMPACT MAY ARISE FROM THE CONSOLIDATION
OF THE
NOT YET FINALLY AVAILABLE RESULTS OF THE GERMAN OPERATIONS
    * REVENUES IN Q1 2019/20 WILL REACH ABOUT EUR 186 MILLION, A
SIGNIFICANT INCREASE OVER THE SAME PERIOD IN THE PREVIOUS YEAR
(EUR 158.2 MILLION)
    * COMPANY CONFIRMS THE OUTLOOK FOR THE FISCAL YEAR 2019/20
(INCREASE OF BOTH REVENUES AND EBIT BY AT LEAST 5%)

    
 Source text for Eikon:  urn:newsml:reuters.com:*:nAPA2bCvQF
    
 Further company coverage:  KTCG.VI  
   


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