EQS-Ad-hoc: AT&S Austria Technologie & Systemtechnik AG / Key word(s): Profit Warning
AT&S revises outlook for the current financial year 2022/23
Public disclosure of inside information according to article 17 MAR
Leoben – AT & S Austria Technologie & Systemtechnik Aktiengesellschaft has adjusted its expectations for the current fiscal year 2022/23 due to weak demand, especially in the market for IC substrates.
AT&S expects to generate annual revenues of around € 1.8 billion in financial year 2022/23 (previously: around € 2.1 billion). The EBITDA margin adjusted for start-up costs will be around 25% (previously: 27 to 30%). The level of start-up costs is expected to be reduced to around € 50 million (previously: € 75 million).
AT & S Austria Technologie & Systemtechnik Aktiengesellschaft – Advanced Technologies & Solutions
Press contact: Gerald Reischl, Vice President Corporate Communications Tel: +43 3842 200 4252; Mobile: +43 664 8859 2452; g.reischl@ats.net
Investor Relations contact: Philipp Gebhardt, Senior Director Investor Relations Tel: +43 3842 200 2274; Mobile: +43 664 7800 2274; p.gebhardt@ats.net
AT & S Austria Technologie & Systemtechnik Aktiengesellschaft Fabriksgasse 13
01-Feb-2023 CET/CEST News transmitted by EQS Group AG. www.eqs.com |
Language: | English |
Company: | AT&S Austria Technologie & Systemtechnik AG |
Fabriksgasse 13 | |
8700 Leoben | |
Austria | |
Phone: | +43 (1) 3842200-0 |
E-mail: | ir@ats.net |
Internet: | www.ats.net |
ISIN: | AT0000969985, AT0000A09S02 |
WKN: | 922230 |
Indices: | ATX |
Listed: | Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange; Vienna Stock Exchange (Official Market) |
EQS News ID: | 1549117 |
End of Announcement | EQS News Service |
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1549117 01-Feb-2023 CET/CEST
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