Overview
Austria IC substrate maker's Q3 revenue rose 18% yr/yr
EBITDA for Q3 rose 64% due to cost optimization and better pricing
Company recorded positive net profit of €24 mln for Q3
Outlook
AT&S expects 2025/26 revenue of approximately €1.7 bln
Company anticipates 2026/27 revenue between €2.1 bln and €2.4 bln
AT&S expects 2026/27 EBITDA margin of 24% to 28%
Result Drivers
PLANT CONTRIBUTIONS - New plants in Kulim and Leoben contributed significantly to revenue growth, as expected
MARKET ENVIRONMENT - Improved market environment for technology industry supported operational performance
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
EUR 467.70 mln
Q3 Profit for period
EUR 24.20 mln
Analyst Coverage
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 3 "strong buy" or "buy", no "hold" and 2 "sell" or "strong sell"
The average consensus recommendation for the semiconductors peer group is "buy."
Wall Street's median 12-month price target for AT & S Austria Technologie & Systemtechnik AG is €40.00, about 3.8% below its February 2 closing price of €41.60
Press Release: ID:nEQ24pmnha
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)
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