Kapsch TrafficCom AG Reports First‑Half 2025/26 Results
Kapsch TrafficCom AG, an Austrian information‑technology firm that supplies traffic systems and electronic fee‑collection solutions, announced its financial performance for the first half of the 2025/26 fiscal year on 19 November 2025.
Key Financial Metrics
| Item | 2024/25 (prior year) | 2025/26 (first half) | Change |
|---|---|---|---|
| Revenue | €275 million | €200 million | –27 % |
| Net income / loss | (data not disclosed) | (data not disclosed) | – |
| Market reaction | N/A | Share price fell to €6.10 | – |
The company’s announcement noted a significant decline in revenue, from €275 million to €200 million, a drop of 27 percent. The reduction was attributed to a combination of lower contract volumes in the traffic‑control segment and delays in the implementation of certain projects.
Settlement with the Federal Republic
Kapsch TrafficCom confirmed that it had reached a settlement agreement with the Federal Republic of Austria. While the details of the agreement were not fully disclosed, the company stated that the settlement resolves outstanding regulatory matters related to its operations within the country.
Market Impact
The disclosure of the first‑half results triggered a sharp decline in the company’s share price. The stock, which had been trading at €6.14 on 17 November 2025, fell to €6.10 on 18 November 2025, marking a new six‑month low. The broader ATX Prime index also experienced a modest decline during the same period, reflecting broader market volatility in Vienna.
Company Background
Kapsch TrafficCom AG is listed on the Vienna Stock Exchange and trades under the ticker KAP. The company’s market capitalisation is approximately €87.8 million, and its price‑earnings ratio stands at 6.7. Kapsch TrafficCom’s core business involves the provision of electronic toll‑collection systems and traffic‑management solutions to governments and private operators worldwide.
Outlook
The company has not released a revised guidance for the 2025/26 fiscal year following the first‑half results. Investors and analysts will be watching subsequent releases for clarification on the impact of the settlement agreement and the company’s strategy to restore revenue growth.
