EQS-News: Kapsch TrafficCom AG / Key word(s): Sale Kapsch TrafficCom AG: Sale of assets that are not part of the strategic core business. May 2nd, 2024 / 10:36 CET/CEST The issuer/publisher is responsible for the content of the message. ════════════════════════════════════════ ══════════ Not for sale assets that are part of the strategic core business. Vienna, May 2, 2024 – Kapsch TrafficCom AG has sold assets that are not part of the strategic core business, thereby achieving proceeds of around EUR 11 million with full realization of variable purchase price components. Kapsch TrafficCom held 42.4% of the shares in Traffic Technology Services, Inc. (TTS), USA, a provider of technologies for intelligent traffic solutions. The entire shares were sold before the balance sheet date on March 31, 2024; this is expected to have a positive effect of EUR 4.4 million on the financial result for the past 2023/24 financial year. In addition, Kapsch TrafficCom indirectly held, through its subsidiary KTC-ZA Holding Proprietary Limited, South Africa, 82.9% of the shares in TMT Services and Supplies Proprietary Limited (TMT), South Africa, a provider of law enforcement solutions in the field of road safety law Enforcement) and automatic fare collection for public transport. The entire shares in TMT were sold after the balance sheet date on March 31, 2024, so the financial result for the past 2023/24 financial year is not affected by this. “These sales are part of the measures that, as stated in the 2023/24 half-year report, are intended to lead to cash inflows of at least EUR 30 million to further reduce our leverage and are a result of the review of our Strategy 2027. In it we came to the conclusion that that both assets do not belong to the strategic core business. We would like to thank the employees of both companies and wish them much success for the future,” comments Georg Kapsch, CEO of Kapsch TrafficCom AG. The impact on TTS’s key financial indicators will be explained in the report on the 2023/24 financial year, which will be published on June 19, 2024; the effects on TMT in the quarterly highlights for the first quarter of the 2024/25 financial year, which will be published on August 21, 2024. Kapsch TrafficCom is a globally recognized provider of traffic solutions for sustainable mobility, with project successes in more than 50 countries. Innovative solutions in the areas of tolls, toll services, traffic management and demand management contribute to a healthier world without traffic jams. With one-stop-shop solutions, the company covers the entire customer value chain, from components and design to the implementation and operation of systems. Kapsch TrafficCom, headquartered in Vienna, has subsidiaries and branches in more than 25 countries and is listed in the Prime Market segment of the Vienna Stock Exchange (symbol: KTCG). In the 2022/23 financial year, around 4,000 employees generated sales of EUR 553 million. Press contacts: Investor contact: Sandra Bijelic Carolin Treichl Head of Corporate Marcus Handl, Valerie Riegler Executive Vice President Communications Investor Relations Team Marketing & Communications Kapsch TrafficCom AG Kapsch TrafficCom AG Kapsch AG Am Europlatz 2 Am Europlatz 2 Am Europlatz 2 1120 Vienna, Austria 1120 Vienna, Austria 1120 Vienna, Austria T +43 50 811 1720 T +43 50 811 1122 T +43 50 811 1710 (2)sandra.bijelic@kapsch.net (3)IR.kapschtraffic@kapsch.net (1)carolin.treichl@kapsch.net For further information: (4) www.kapsch.net/ktc Follow us on Twitter and LinkedIn ══════ ════════════════════════════════════════ ══════ 05/02/2024 CET /CEST Publication of a corporate news/financial news, transmitted by EQS Group AG. www.eqs.com
════════════════════════════════════════ ══════════ ═══════════════════════════════════════ Language: German : Kapsch TrafficCom AG At Europlatz 2 1120 Vienna Austria Telephone: +43 50811 1122 Fax: +43 50811 99 1122 Email: ir.kapschtraffic@kapsch.net
Internet: www.kapschtraffic.com
ISIN: AT000KAPSCH9 WKN: A0MUZU Stock exchanges: Vienna Stock Exchange (official trading) EQS News ID: 1894303 End of message EQS News Service 1894303 May 2nd, 2024 CET/CEST References Visible links 1. carolin.treichl@kapsch.net 2. sandra.bijelic@kapsch.net 3. IR.kapschtraffic@kapsch.net
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