Ad-hoc | 17 August 2000 07:58

Ad hoc-Service: AT&S Austr.T. & Systemt. Q1 R

Ad-hoc Mitteilung übermittelt durch die DGAP. Für den Inhalt der Mitteilung ist allein der Emittent verantwortlich. —————————————————————————— AGENDA: 1) Result for the first quarter of the fiscal year 2000/2001 2) Outlook for the full year result AD 1) Result for the first quarter 2000/2001 —————————————————- AT&S Austria Technologie und Systemtechnik AG announces herewith its 1st quarter result for the fiscal year 2000/2001: Consolidated statements of income pursuant to US-GAAP For the period April 1 – June 30 in thousand EURO (Extracts of the full P&L) April 1 – June 30 2000 1999 Net Sales 76,438 49,500 Total revenues 76,784 49,949 Cost of sales (58,602) (41,801) Gross profit 18,182 8,148 Total operating expenses (5,885) (4,007) Operating income 12,297 4,141 Financial results (19) (204) Income taxes (3,453) 461 Income from continuing operations 8,825 4,398 Loss from discontinued operations — (1,528) Net income 8,825 2,870 Earnings per share for the period pursuant US-GAAP 0.32 0.14 Weighted average number of shares outstanding 28,000,000 20,000,000 Consolidated Statements of cash flow (US-GAAP) For the period April 1 – June 30 in thousand EURO (Extracts of the full cash flow statement) April 1 – June 30 2000 1999 Operating Cash Flow 16,093 7,450 Change in working capital (4,654) 318 Net cash provided by operating activities 11,439 7,768 Net cash used in investing activities (15,747) (25,508) Net cash provided by financing activities 2,214 18,765 Increase in cash and cash equivalents (2,129) 1,049 Key figures for the 1st quarter pursuant to US-GAAP June 30 2000 1999 EBIT margin 16.0 % 8.4 % EBITDA margin 24.5 % 16.8 % Percentage of own funds 59.0 % 36.5 % Gearing 9.7 % 95.1 % ROE 17.6 % 15.2 % Net Debt in Euro million 19.7 74.3 The positive financial result for the first quarter 2000/2001 is attributable to the following: – Ideal product mix in the 1st quarter – The new HDI/Microvia capacities were ramped up faster then expected – Pace at which automatisation was introduced in the production was increased The full 1st 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 quarter we expect that AT&S will achieve the following result for the full year: EPS 1.20 Euro (basis 28 million shares) If you have any inquiries please contact Nicolas Pawloff Investor Relations Tel: +43 384 220 0211 Ende der Mitteilung