Brief: Kapsch Trafficcom FY EBIT Up 13.9% To EUR 57.0 Million

Kapsch TrafficCom AG

18/06/2019 06:28

June 18 (Reuters) - Kapsch Trafficcom AG  KTCG.VI :
    * OUTLOOK FOR FISCAL YEAR 2019/20: BOTH REVENUES AND EBIT
EXPECTED
TO GROW BY AT LEAST 5%
    * DIVIDEND PROPOSAL TO ANNUAL GENERAL MEETING: EUR 1.50 PER
SHARE
(AS IN PREVIOUS YEAR)
    * FY EBIT REACHED EUR 57.0 MILLION (+13.9%)
    * FY INCREASED REVENUES ABOVE EUR 700 MILLION - TO BE
PRECISE, UP
TO EUR 737.8 MILLION (+6.4%)
    * FY KAPSCH TRAFFICCOM PLANS TO INCREASE REVENUES BY AT
LEAST 5%
IN FISCAL YEAR 2019/20.
    * MEDIUM-TERM OUTLOOK REMAINS UNCHANGED
    * AIMS TO RAISE GROUP'S EBIT MARGIN TO A SUSTAINABLE LEVEL
OF OVER
10%
    * EXIT OF UNITED KINGDOM FROM EU (AS A RESULT OF BREXIT)
SHOULD
HAVE NO SIGNIFICANT IMPACT ON KAPSCH TRAFFICCOM'S RESULTS

Source text for Eikon:  ID:nAPA9N6csx 
Further company coverage:  KTCG.VI 

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