Ad-hoc | 15 February 2000 08:02

Ad hoc-Service: AT&S Austr.T. & Systemt. ATS

Ad-hoc Mitteilung übermittelt durch die DGAP. Für den Inhalt der Mitteilung ist allein der Emittent verantwortlich. —————————————————————————— AGENDA: 1) Result for the first 3 quarters of the fiscal year 1999/2000 2) Outlook for the full year result 3) Cooperation agreement with Siemens 4) Contract with Ericsson AD 1) Result for the first three quarters 1999/2000 —————————————————- AT&S Austria Technologie und Systemtechnik AG announces herewith Its 3rd quarter results for the fiscal year 1999/2000: Consolidated statements of income pursuant to US GAAP For the period April 1 – December 31 in thousand EURO (Extracts of the full P&L) April 1 – December 31 1999 1998 Net Sales 160,990 107,090 Total revenues 162,076 107,775 Cost of sales (131,626) (92,338) Gross profit 30,450 15,437 Total operating expenses (12,121) (9,093) Operating income 18,329 6,344 Financial results (243) (184) Income taxes 2,170 (1,447) Income from continuing Operations 20,256 4,713 Loss from discontinued Operations (1,528) 18 Net Income 18,728 4,731 Earnings per share for the Period pursuant US GAAP 1.50 0.46 Weighted average number of Shares outstanding 12,473,000 10,000,000 Consolidated Statements of cash flow (US GAAP) For the period April 1 – December 31 in thousand EURO (Extracts of the full cash flow statement) April 1 – December 31 1999 1998 Operating Cash Flow 31,685 13,547 Change in working capital (1,644) 2,930 Net cash provided by Operating activities 30,041 16,477 Net cash used in investing activities (111,828) (34,829) Net cash provided by financing activities 105,067 7,184 Increase in cash and Cash equivalents 23,320 (11,168) The full 3rd quarter report can be retrieved from the home page of AT&S at www.atspcb.com or ordered by mail from AT&S at: Fabriksgasse 13, A-8700 Leoben AD 2) Outlook for the full year results ————————————— In view of the highly positive development in the first three quarters we expect that AT&S will achieve the following results for the full year 1999/2000 EBIT margin > 9 % EBITDA margin > 19 % EPS 1.60 Euro Equity ratio 55 % As of today we believe that the turn around in Augsburg might not be reachabble by March 31, 2000. The turn around will definetly be achieved at the latest during the course of the first quarter of the fical year 2000/2001 AD 3) Cooperation agreement with Siemens —————————————- At the end of January 2000, a three-year cooperation agreement was signed with Siemens AG (Information and Communication Products). In this agreement, AT&S AG has committed itself to supply about 40 % of Siemens’ requirements for printed circuit boards for mobile phones in Europe. AD 4) Contract with Ericsson —————————- In January AT&S signed with Ericsson a specific purchase agreement For the calendar year 2000 regarding the production and delivery of PCBs for base stations. The value of this contract amounts to Euro 9 million. If you have any inquiries please contact Nicolas Pawloff Investor Relations Tel: +43 384 220 0211 Ende der Mitteilung