Brief: Kapsch Trafficcom 9 Months Financial Result Loss Narrws Down To EUR 4 Mln

Kapsch TrafficCom AG

23/02/2022 06:19

Feb 23 (Reuters) - KAPSCH TRAFFICCOM AG  KTCG.VI :
    * RESULTS FOR THE FIRST THREE QUARTERS OF 2021/22
    * OUTLOOK FOR FINANCIAL YEAR 2021/22: REVENUE GROWTH AND
EBIT
TURNAROUND.
    * 9MTH EBIT) OF EUR 6 MILLION (PREVIOUS YEAR: EUR -89
MILLION)
    * POSITIVE FREE CASH FLOW
    * 9M REVENUES OF EUR 379 MILLION WERE 1 % BELOW PREVIOUS
YEAR'S
LEVEL
    * FOR FINANCIAL YEAR 2021/22, MANAGEMENT EXPECTS A
YEAR-ON-YEAR
INCREASE IN REVENUES. HOWEVER, PREVIOUSLY TARGETED +10%
CURRENTLY APPEARS OUT OF REACH
    * EBIT IN FINANCIAL YEAR 2021/22 (INCLUDING SPECIAL ITEMS)
IS
EXPECTED TO BE BELOW PREVIOUSLY FORECAST 3% (BUT POSITIVE).
    * 9M RESULT FOR PERIOD ATTRIBUTABLE TO EQUITY NARROWS TO
LOSS OF
MILLION -2.5 EUR
    * 9M FINANCIAL RESULT AMOUNTED TO EUR -4 MILLION (PREVIOUS
YEAR:
EUR -10 MILLION)

Source text for Eikon:  ID:nEQ7kFvzNa 
Further company coverage:  KTCG.VI 

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