Brief: AT&S Outlook 2026/27 Equity Ratio At Around 20%

AT & S Austria Technologie & Systemtechnik AG

10/05/2024 14:04

May 10 (Reuters) - AT & S AUSTRIA TECHNOLOGIE &
SYSTEMTECHNIK AG  ATSV.VI :
    * OUTLOOK 2026/27 (NOT 2024): EBITDA MARGIN OF 27‒32 %
(UNCHANGED)
    * OUTLOOK 2026/27 (NOT 2024): EQUITY RATIO OF AROUND 20 %
(PREVIOUSLY: >30 %)
    * EXECUTIVE BOARD OF AT&S HAS DECIDED NOT TO CARRY OUT A
CAPITAL
INCREASE FOR TIME BEING (REMOVES REFERENCE TO OUTLOOK)
    * DISCUSSIONS WITH POTENTIAL INVESTORS HAVE BEEN TERMINATED
(REMOVES REFERENCE TO OUTLOOK)
    * TO PROPOSE TO 30TH ANNUAL GENERAL MEETING ON JULY 4, 2024
THAT
NO DIVIDEND BE DISTRIBUTED FOR FINANCIAL YEAR 2023/24 (PREVIOUS
YEAR: EUR 0.40 PER SHARE (REMOVES EXTRANEOUS WORDS 'SUPERVISORY
BOARD')
    * EQS-ADHOC: AT&S AUSTRIA TECHNOLOGIE & SYSTEMTECHNIK AG:
AT&S
ADJUSTS FORECAST, IS NOT CONSIDERING A CAPITAL INCREASE, WILL
OBTAIN BINDING OFFERS FOR THE SALE OF ANSAN, NO DIVIDEND FOR THE
FINANCIAL YEAR 2023/24
    * EXPECTS FY 26/7 ROCE OF >12 % (UNCHANGED)
    * COMPANY NOW INTENDS TO SELL PLANT IN ANSAN, KOREA, WHICH
PRIMARILY SERVES MEDICAL MARKET
    * EXECUTIVE BOARD OF AT&S HAS DECIDED NOT TO CARRY OUT A
CAPITAL
INCREASE FOR TIME BEING

Further company coverage:  ATSV.VI 

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