AT&S Austria Technologie & Systemtechnik AG

Earnings Release • Jun 19, 2001

News Details

Ad-hoc | 19 June 2001 07:57

AT&S Austr. T. & Systemt. english

Ad hoc announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. ——————————————————————————– In view of the latest profit warnings and increased uncertainty in our customers markets we will refrain from giving exact guidance on growth and profitability until the general visibility increases. From todays point of view we believe that the communicated guidance of a 30% top line growth and 10% EBIT-margin will not be achievable in the current fiscal year. Due to the strong partnership ties with our major customers Nokia and Siemens we are convinced that we can expand the relative market position of AT&S. Top line growth for this fiscal year and in consequence earnings will strongly depend on the further development of the business environment for our major customers. In this regard we will have a better visibility in the course of the second half of the business year (October 2001 thru March 2002). If you have any inquiries please contact Nicolas Pawloff Investor Relations Tel: +43 3842 200 211 end of ad hoc announcement (c) DGAP 19.06.2001 ——————————————————————————– WKN: 922 230; Index: Listed: Neuer Markt in Frankfurt; Freiverkehr in Berlin, Bremen, Düsseldorf, Hamburg, Hannover, München, Stuttgart 190757 Jun 01