Brief: AT&S Expects FY Revenue Of EUR 1.5‒1.6 Bln

AT & S Austria Technologie & Systemtechnik AG

31/10/2024 06:09

Oct 31 (Reuters) - AT & S AUSTRIA TECHNOLOGIE &
SYSTEMTECHNIK AG  ATSV.VI :
    * EXPECTS REVENUE AT PRIOR-YEAR LEVEL
    * OUTLOOK FOR FY 2026/27 CONFIRMED
    * OUTLOOK FOR FY 2024/25 ADJUSTED DUE TO MARKET SITUATION
    * IS PLANNING INVESTMENTS OF ROUGHLY EUR 500 MILLION FOR
FINANCIAL
YEAR 2024/25
    * EXPECTS PRICE PRESSURE AND VOLATILE ORDER BEHAVIOR OF A
KEY
CUSTOMER TO CONTINUE IN SECOND HALF OF YEAR
    * TO REDUCE UP TO 1,000 EMPLOYEES
    * OUTLOOK 2024/25: REVENUE EUR 1.5‒1.6 BILLION
    * OUTLOOK 2024/25: EBITDA ADJUSTMENTS UP TO EUR 110 MILLION

Source text:  ID:nEQ88FHg2a 
Further company coverage:  ATSV.VI 

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