Brief: At & S EBITDA At Eur 217 Million In H1

AT & S Austria Technologie & Systemtechnik AG

02/11/2023 06:36

Nov 2 (Reuters) - AT & S AUSTRIA TECHNOLOGIE &
SYSTEMTECHNIK AG  ATSV.VI :
    * CONSOLIDATED REVENUE DECLINED BY 24% TO EUR 814 MILLION IN
FIRST
HALF OF 2023/24
    * ADJUSTED FOR CURRENCY EFFECTS, CONSOLIDATED REVENUE FELL
BY 21%
    * EBITDA DECREASED BY 31% FROM EUR 315 MILLION TO EUR 217
MILLION
IN FIRST HALF OF YEAR
    * EBITDA MARGIN AMOUNTED TO 26.6%
    * EBIT FELL FROM EUR 181 MILLION TO EUR 82 MILLION
    * MANAGEMENT IS PLANNING INVESTMENTS TOTALLING UP TO EUR 1.1
BILLION FOR FINANCIAL YEAR 2023/24 DEPENDING ON MARKET
ENVIRONMENT AND PROGRESS OF PROJECTS.
    * AT&S EXPECTS ANNUAL REVENUE BETWEEN EUR 1.7 AND 1.9
BILLION
    * ADJUSTED EBITDA MARGIN IS EXPECTED TO RANGE BETWEEN 25 AND
29%.
    * ASSUMES THAT REVENUE OF APPROXIMATELY EUR 3.5 BILLION WILL
BE
GENERATED IN FINANCIAL YEAR 2026/27

Source text for Eikon:  ID:nEQbPlTdZa 
Further company coverage:  ATSV.VI 

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