05.05.2024, 1176 Zeichen

Kapsch TrafficCom: Kapsch TrafficCom AG has sold assets that are not part of its strategic core business, generating total proceeds of close to EUR 11 million with full realization of variable purchase price components. Kapsch TrafficCom held 42.4% of the shares in Traffic Technology Services, Inc. (TTS), USA, a provider of technologies for intelligent transportation solutions. The entire stake was sold before the balance sheet date of March 31, 2024, which will have a positive effect of EUR 4.4 million on the financial result for the financial year 2023/24. In addition, Kapsch TrafficCom indirectly held via its subsidiary KTC-ZA Holding Proprietary Limited, South Africa, 82.9% of the shares in TMT Services and Supplies Proprietary Limited (TMT), South Africa, a provider of road safety law enforcement and automatic fare collection solutions for public transportation. All of the shares in TMT were sold after the balance sheet date of March 31, 2024, thus, the financial result for the past financial year 2023/24 is not affected.
Kapsch TrafficCom: weekly performance: 1.72%

(From the 21st Austria weekly https://www.boerse-social.com/21staustria (01/05/2024)

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