Brief: Kapsch Trafficcom FY Group Revenues Down At EUR 731 Mln

Kapsch TrafficCom AG

16/06/2020 06:39

June 16 (Reuters) - KAPSCH TRAFFICCOM AG  KTCG.VI :
    * DIVIDEND PROPOSED TO AGM: PROBABLY EUR 0.25 PER SHARE.
    * FY GROUP REVENUES WENT DOWN BY ABOUT ONE PERCENT TO EUR
731
MILLION
    * FY OPERATING RESULT (EBIT) WAS EUR -39 MILLION. (PREVIOUS
YEAR:
EUR 57 MILLION)
    * IT IS TOO EARLY TO PROVIDE A QUANTITATIVE OUTLOOK FOR
FINANCIAL
YEAR 2020/21
    * IN 2019/20, FINANCIAL RESULT AMOUNTED TO EUR -23 MILLION
(PREVIOUS YEAR: EUR -2 MILLION)
    * ANTICIPATES THAT 2020/21 WILL BE BETTER THAN PREVIOUS YEAR
AND
THAT KAPSCH TRAFFICCOM WILL MANAGE TO GENERATE A CLEARLY
POSITIVE EBIT AGAIN
    * PERSONNEL SHORTAGE IN NORTH AMERICA WILL PRESUMABLY LAST
UNTIL
END OF 2020
    * FY NET DEBT REACHED EUR 176 MILLION (MARCH 31, 2019: EUR
73
MILLION)
    * TOO EARLY TO PROVIDE A QUANTITATIVE OUTLOOK FOR FINANCIAL
YEAR
2020/21

Source text for Eikon:  ID:nAPAc6Jnv0 
Further company coverage:  KTCG.VI 

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