AT&S Austria Technologie & Systemtechnik AG / AT0000969985
17.12.2024 - 19:57:00AT&S Austria Technologie & Systemtechnik AG: AT&S adjusts outlook for the financial year 2026/27
| 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 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
