EQS-Ad-hoc: AT&S Austria Technologie & Systemtechnik AG / Key word(s):
Forecast
AT&S Austria Technologie & Systemtechnik AG: AT&S adjusts outlook for the
financial year 2026/27
17-Dec-2024 / 19:57 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the
Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS
Group AG.
The issuer is solely responsible for the content of this announcement.
══════════════════════════════════════════════════════════════════════════
AT&S adjusts outlook for the financial year 2026/27
Disclosure of inside information pursuant to Article 17 MAR
Leoben – Based on the current revision of the mid-term planning the
Management Board of AT&S decided today to adjust the guidance for the
financial year 2026/27. The company now expects the following for the
financial year 2026/27:
• Annual revenue between € 2.1 and € 2.4 billion (previously: approx.
€ 3.0 billion)
• EBITDA margin of approximately 24‒28% (previously: 27‒32%)
• Net debt/EBITDA <3 (unchanged)
• ROCE below the mid-term target of 12% (previously: >12%)
• Equity ratio, assuming repayment of hybrid capital at the end of the
2026/27 financial year, temporarily <20% (previously: ~20%)
The adjustments are due to a persistent weakness of the market coupled
with overcapacities for printed circuit boards and IC substrates, and the
resulting price pressure.
Due to the weak market environment, efforts to cut costs are being
intensified significantly and all investments are subject to intensive
review.
AT & S Austria Technologie & Systemtechnik Aktiengesellschaft – Advanced
Technologies & Solutions
AT&S is a leading global manufacturer of high-quality IC substrates and
printed circuit boards as well as a developer of pioneering interconnect
technologies for the core areas of mobile devices, automotive & aerospace,
industrial, medical and high-performance processors for VR and AI
applications. AT&S has a global presence with production sites in Austria
(Leoben, Fehring) and plants in India (Nanjangud), China (Shanghai,
Chongqing) and Korea (Ansan near Seoul). A new high-end production
facility for IC substrates is currently being ramped up in Kulim,
Malaysia. A European competence center with connected series production
for IC substrate technologies is being built in Leoben. Both sites will
start production in the financial year 2024/25. The company currently
employs more than 13,500 people. For further information please visit
(1)www.ats.net
End of Inside Information
══════════════════════════════════════════════════════════════════════════
17-Dec-2024 CET/CEST News transmitted by EQS Group AG. www.eqs.com
══════════════════════════════════════════════════════════════════════════
Language: English
Company: AT&S Austria Technologie & Systemtechnik AG
Fabriksgasse 13
8700 Leoben
Austria
Phone: +43 (1) 3842200-0
E-mail: ir@ats.net
Internet: www.ats.net
ISIN: AT0000969985, AT0000A09S02
WKN: 922230
Indices: ATX
Listed: Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt,
Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange;
Vienna Stock Exchange (Official Market)
EQS News ID: 2053269
End of Announcement EQS News Service
2053269 17-Dec-2024 CET/CEST
References
Visible links
1. https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=0f51707980ec28aa6913e5887cb44c51&application_id=2053269&site_id=apa_ots_austria~~~18b544d0-9c71-4160-bd95-cc8b9aff9fbf&application_name=news
