Kapsch TrafficCom Reports H1 2025/26 Financial Results

Kapsch TrafficCom faced a challenging start to the 2025/26 financial year with a significant revenue decline of 27%, dropping from EUR 275 million to EUR 200 million. The decrease was largely due to delayed project awards and the termination of major projects in South Africa and Belarus. Despite these setbacks, EBIT increased to EUR 10 million, primarily attributed to a settlement agreement with Germany.

Revenues in the tolling segment fell by 29%, and traffic management saw a 21% decline. Geographically, all regions experienced revenue reductions, with the Americas leading at 52% of total earnings. The company anticipates a full-year revenue of EUR 450 million and EBIT of EUR 25 million, focusing on order intake and cost management to adapt to the current market conditions.

The cash inflow from Germany was used to reduce liabilities, although free cash flow remained negative. The equity ratio rose to 23%, while the gearing ratio increased to 117%.