Report

Kapsch TrafficCom Company News - First leg of German toll case arbitration win

autoTicket JV of CTS Eventim and Kapsch TrafficCom received positive arbitration verdict in case against Germany on aborted passenger car toll project
EUR 560 mn combined claim for compensation of the gross enterprise value and reimbursement of costs incurred awarded merit, amount of compensation to be decided in second stage
We have not included a positive decision in our valuation yet, 50% claim compensation would translate to more than EUR 10/share
Underlying
Kapsch Trafficcom

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.

Provider
Raiffeisen Bank International AG - Institutional Equity
Raiffeisen Bank International AG - Institutional Equity

The Institutional Equity Research team of Raiffeisen Bank International AG covers 85 stocks from Austria, Central & Eastern Europe with sell-side research and thus levers our local broker status with excellent company relationships. For corporates in Austria, CEE and Western Europe, we offer co-sponsored research, which includes research coverage and marketing activities to investors. Additionally, through our Spotlight Research product we also shed light on leading European small and micro-caps, seeking greater visibility with investors.

The Institutional Equity Research team consists of roughly 15 analysts, both in Vienna and the CEE countries. Our analysts provide long-standing sector expertise in tandem with profound local market know how and a sectoral approach across the entire region.

Other Reports on these Companies
Other Reports from Raiffeisen Bank International AG - Institutional Equity

ResearchPool Subscriptions

Get the most out of your insights

Get in touch