Corporate | 14 September 2005 10:18
AT&S will start production in Shanghai II already in August 2006
Corporate-news transmitted by DGAP.
The issuer is solely responsible for the content of this announcement.
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AT&S will start production in Shanghai II in August 2006, 3 month earlier then
expected
AT&S Austria Technologie und Systemtechnik AG, the largest printed circuit
board manufacturer in Europe and India and one of the three major producer of
HDI boards for mobile phones, will be able to start the ramp-up of the
production in its second plant in Shanghai already in August 2006, 3 month
earlier then expected.
“We urgently need these capacities” declares Harald Sommerer, CEO of AT&S.
“The demand for our printed circuit boards is even stronger then expected and
the medium-term developments in the market corresponds to our previews: the
consolidation is going on and AT&S is gaining market shares.”
Presently AT&S is solely limited because of existing capacities. Nevertheless,
because of a good product mix and 100% loading, the revenue guidance for the
running fiscal year should be slightly exceeded. For the first half-year – the
figures will be released on October 25 – AT&S is reckoning with a year-over-
year revenue increase of roughly 13%.
End of announcement (c)DGAP 14.09.2005
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WKN: 922230; ISIN: AT0000969985; Index: TecDAX
Listed: Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin-
Bremen, Düsseldorf, Hamburg, Hannover, München und Stuttgart
141018 Sep 05