EANS-Adhoc: Kapsch TrafficCom AG / Impairments and adjustments of project margins weigh on earnings. EAE |
Freitag, 23. Oktober 2020 15:23 |
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-------------------------------------------------------------------------------- Disclosed inside information pursuant to article 17 Market Abuse Regulation (MAR) transmitted by euro adhoc with the aim of a Europe-wide distribution. The issuer is responsible for the content of this announcement. -------------------------------------------------------------------------------- Financial Figures/Balance Sheet/Earnings Forecast 23.10.2020 Vienna - Based on updated estimates Kapsch TrafficCom has performed impairment tests for various long-term assets. The main result is a EUR 21 million impairment of goodwill. In addition, for some projects in particular in North America, the project margin had to be adjusted and provisions for impending losses had to be made in the first half of the financial year. This had a negative impact on the operating result (EBIT) in the amount of EUR 32 million. In addition, negative currency effects reduced the EBIT by EUR 6 million. As a result of these effects, revenues will amount to about EUR 258 million and EBIT to about EUR -58 million in the first half of the 2020/21 financial year. Consequently, the company currently expects a negative EBIT in the higher two- digit area as well as a year-on-year fall of revenues of about 25% for financial year 2020/21. Further inquiry note: Press Contacts: Carolin Treichl Executive Vice President Marketing & Communications Kapsch TrafficCom AG Am Europlatz 2, 1120 VIENNA, AUSTRIA T +43 50 811 1710 carolin.treichl@kapsch.net Markus Karner Public Relations Kapsch TrafficCom AG Am Europlatz 2, 1120 VIENNA, AUSTRIA T +43 50 811 1705 markus.karner@kapsch.net Investor Contact: Hans Lang Investor Relations Officer Kapsch TrafficCom AG Am Europlatz 2, 1120 VIENNA, AUSTRIA T +43 50 811 1122 ir.kapschtraffic@kapsch.net end of announcement euro adhoc -------------------------------------------------------------------------------- issuer: Kapsch TrafficCom AG Am Europlatz 2 A-1120 Wien phone: +43 50811 1122 FAX: +43 50811 99 1122 mail: ir.kapschtraffic@kapsch.net WWW: www.kapschtraffic.com ISIN: AT000KAPSCH9 indexes: stockmarkets: Wien language: English EAX0006 2020-10-23/15:23 |
Kapcsolódó linkek: Kapsch TrafficCom AG |
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