Austria's AT&S Q4 revenue rises 21% as new plants drive growth

AT & S Austria Technologie & Systemtechnik AG

21/05/2026 06:10

Overview

Austria's high-end IC substrate maker's Q4 revenue rose 21% yr/yr, driven by new plant growth

Company posts Q4 profit of €13.7 mln

AT&S expects 30–35% currency-adjusted revenue growth and higher margins in fiscal 2026/27

Outlook

AT&S expects currency-adjusted revenue growth of 30–35% for 2026/27 financial year

Company forecasts EBITDA margin of 25–29% for 2026/27

AT&S expects a FY profit of at least in the low triple-digit millions of euros, and positive operating free cash flow

Result Drivers

NEW PLANTS - Q4 growth was driven by contributions from new plants in Kulim, Malaysia, and Leoben, Austria

COST OPTIMIZATION - Earnings benefited from comprehensive cost optimization and efficiency program

HIGHER VOLUMES - Increased sales volumes helped offset negative currency effects

Company press release: ID:nEQ3F4J1za

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
EUR 476.70 mln
Q4 EPS
EUR 0.20
Q4 Profit for period
EUR 13.70 mln


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy", 1 "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 €100.00, about 13.9% below its May 20 closing price of €116.20

The stock recently traded at 71 times the next 12-month earnings vs. a P/E of 114 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(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.)