Kapsch TrafficCom, a toll and traffic management specialist with over 4,000 employees, has maintained its momentum despite a slight decrease in sales to EUR 538.8 million last year. The company’s EBIT increased to EUR 70.5 million due to an advance payment from Germany for a failed toll project. CEO Georg Kapsch attributes the success of the company to major project wins and a doubling of incoming orders to 734 million euros.
Kapsch TrafficCom has experienced strong growth in the EMEA region, including Europe, the Middle East, and Africa. The company secured contracts for toll control systems in Switzerland and networked vehicles on German highways. Latin America is also a promising market, with a contract for a free-flow toll system between São Paulo and Rio de Janeiro.
One of the key business risks faced by Kapsch TrafficCom is political decisions and the release of data by the EU. While North America will focus on 5G technology for connected vehicles, the EU will prioritize Wi-Fi technology for connected vehicle infrastructure. Kapsch emphasizes the importance of collaboration between the infrastructure and vehicle industries to ensure the success of connected vehicle technologies.
Kapsch TrafficCom is working on a technical platform that aims to integrate data from networked vehicles and infrastructure. This data exchange will enhance vehicle safety, provide real-time traffic information to drivers, and optimize traffic flow through adaptive control measures. Kapsch believes that connected vehicles will become profitable by 2030 and calls for early investment to stay competitive in this evolving market.
In summary, Kapsch TrafficCom has sustained its momentum despite slight decreases in sales last year due to an advance payment from Germany for a failed toll project. The company experienced strong growth in the EMEA region with major project wins and increasing orders from Brazil among other markets are promising markets for this industry leader in toll management solutions
