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    AT & S Austria Technologie & Systemtechnik AG  782  0 Kommentare AT&S reports exceptionally positive annual results with significant increases in revenue & earnings



    Business news for the stock market

    Leoben (pta035/06.05.2015/20:35) - Year on year comparison (13/14 vs. 14/15):

    * Record revenue of EUR 667.0 million (+ 13.1%) * EBITDA up 31.8% to EUR 167.6 million * EBITDA margin improves from 21.6% to 25.1% * Profit for the year grows by 81.5% to EUR 69.3 million * Earnings per share: EUR 1.78 (vs. EUR 1.24 in FY 13/14)

    The leading manufacturer of printed circuit boards (PCBs) again significantly exceeded the very positive business development of the previous year, based on the extraordinary positive development of the fourth quarter, presenting a new all-time high in revenue and earnings in the preliminary results for financial year 2014/15.

    "We saw a disproportional high benefit from the strong growth in the area of mobile devices, especially smartphones, and from the constantly increasing share of electronics in the automotive sector throughout the year. This led to the highest revenue in the company's history to date", says Andreas Gerstenmayer, Chairman of the Management Board of AT&S AG.

    "Based on very high capacity utilisation, more high-end products and continuous measures to improve efficiency, we increased our high profitability level further. Therefore, we are one of the world's most profitable manufacturers of printed circuit boards", Gerstenmayer adds. "That's what we want to maintain, also in the future: with a new generation of printed circuit boards in addition to the new business segment IC substrates, we will tap further potential for long-term growth in the high-end segment by expanding our site in Chongqing, China, which is currently under construction."

    Development of the asset, financial and earnings position Revenue was increased by 13.1% to EUR 667.0 million in the past financial year and showed extraordinary few seasonal effects: especially revenue in the fourth quarter, which is usually affected by the Chinese New Year and temporary production downtimes at the plant in Shanghai, significantly exceeded the company's own expectations due to the continuously positive development in the segment Mobile Devices & Substrates. The increase in revenue compared to the previous year includes positive currency effects of EUR 21.4 million. 65.1% of revenue was not invoiced in euro. The contribution of products manufactured in Asia to revenue rose to 79.0% (vs. 75.9% in the previous year).
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    AT & S Austria Technologie & Systemtechnik AG AT&S reports exceptionally positive annual results with significant increases in revenue & earnings Year on year comparison (13/14 vs. 14/15):* Record revenue of EUR 667.0 million (+ 13.1%) * EBITDA up 31.8% to EUR 167.6 million * EBITDA margin improves from 21.6% to 25.1% * Profit for the year grows by 81.5% to EUR 69.3 million * Earnings per …

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