Kapsch TrafficCom 9-month revenue down 25% on South Africa project termination

Kapsch TrafficCom AG

27/02/2026 06:26

Overview

Austria transportation solutions provider's revenue fell 25% in first three quarters

EBIT increased due to one-time effect from Germany

Company adjusted full-year outlook downward due to tolling market weakness

Outlook

Kapsch TrafficCom lowers full-year revenue forecast to around EUR 420 mln

Company expects full-year EBIT around EUR 7 mln, down from previous EUR 25 mln forecast

Order backlog of EUR 1.2 bln provides solid basis for future growth

Result Drivers

PROJECT REMOVAL - Revenue decline partly due to termination of major projects in South Africa and Belarus

GERMANY SETTLEMENT - EBIT increase driven by one-time settlement with Germany

ORDER INTAKE - Despite market weakness, order intake was good, including a new contract in Bulgaria

Company press release: ID:nEQ7FW3Dza

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
9M Revenue
EUR 307.40 mln
9M EPS
EUR 0.19
9M Result for period
EUR 2.70 mln
9M EBIT
EUR 12.40 mln
9M EBIT Margin
4.00%


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the communications & networking peer group is "buy"

Wall Street's median 12-month price target for Kapsch TrafficCom AG is €6.50, about 12.8% above its February 26 closing price of €5.76

The stock recently traded at 38 times the next 12-month earnings vs. a P/E of 11 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)