Ad-hoc | 11 September 2006 10:55
AT&S increases Sales and Earnings Forecast
Ad hoc announcement transmitted by DGAP – a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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AT&S Austria Technologie und Systemtechnik AG increases its Sales Guidance
for the running fiscal year from EUR 470 million to EUR 490 million.
Earnings per share will reach from today’s point of view EUR 1.75 instead
of EUR 1.15.
This increased expectation is the result of several factors:
•The ramp-up of the second plant in Shanghai is faster than expected and
the yield is higher than anticipated.
•An almost optimal product mix resulted in an increased loading of the
plants. This situation should continue within the next months.
•The performance of the Indian plant has been improved earlier than
foreseen and should contribute positively to the earnings of the financial
year.
•The positive forecast after Q1 of the new businesses Trading and DCC has
once again been increased.
For the next financial year (2007/08) AT&S anticipates sales of EUR 570
million compared to the former guidance of EUR 550 million. This forecast
is based on the additional capacities that AT&S will ramp up and on
expected price developments. Due to strong influence of the product mix on
the earnings development, it is not possible to give a precise guidance on
the bottom line figures for 2007/08. However, a continued strong earnings
growth has to be expected given the additional capacities in Asia and the
technological trends which increase AT&S’s competitiveness.
AT&S will present its half-year figures on October 24.
For further information please contact René Berger, IRO,
tel. +43 1 68300 9215, e-mail: r.berger@ats.net.
(c)DGAP 11.09.2006
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Language: English
Issuer: AT&S Austria Technologie & Systemtechnik AG
Fabriksgasse 13
8700 Leoben Österreich
Phone: +43 (1) 3842 200-0
Fax: +43 (1) 3842 200-216
E-mail: ir@ats.net
WWW: www.ats.net
ISIN: AT0000969985
WKN: 922230
Indices: TecDAX
Listed: Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin-Bremen, Stuttgart, München, Hamburg, Düsseldorf
End of News DGAP News-Service
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