KAPSCH TRAFFICCOM AG : Full-year 2017-18 results: solid revenue growth, earnings disappoint
>Sales improvement but earnings burdened by FX - Kapsch TrafficCom (KTC) reported its full-year 2017-18 results today (18 June): Overall, revenue increased for the third year in a row, but earnings were lower, as the company had already indicated with its 9M figures.Full-year 2017-18 revenue was up 6.9% yoy to € 693m (Oddo BHFe: € 669m), but EBIT was down -16.7% yoy to € 50.1m (Oddo BHFe: € 57.1m). Due to higher than expected taxes, net income fell -34.3% yoy to ...Kapsch TrafficCom is an international supplier of superior intelligent transportation systems (ITS). Co. subdivided into the following three segments: Road Solution Projects; Services, System Extensions, Components Sales; and Others. The segment Road Solution Projects relates to the installation of ITS solutions. The segment Services, System Extensions, Components Sales relates to the sale of services and components in the area of ITS solutions. The segment Others relates to non-core business activities conducted by Kapsch Components KG. In this segment, Co. offers engineering solutions, electronic manufacturing and logistics services to affiliated entities and third parties.
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