AT&S Austria Technologie & Systemtechnik AG

Earnings Release • Feb 12, 2002

News Details

Ad-hoc | 12 February 2002 07:30

AT&S Austr. T. & Systemt. english

RESULTS FOR THE FIRST NINE MONTHS OF THE FINANCIAL YEAR 2001/2002 Ad-hoc-announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. ——————————————————————————– RESULTS FOR THE FIRST NINE MONTHS OF THE FINANCIAL YEAR 2001/2002 The past quarter was influenced by the closure of our plant in Augsburg and a non-recurrent restructuring charge of Euro 16.0 million. Despite the start-up costs in China and a very difficult economic climate in general, excluding the restructuring charge we have been successful again in achieving a clear positive operating result. Total revenues in the first nine months of 2001/2002 amounted to Euro 204.1 million, which represents a drop of 8.9 % in comparison to the first nine months of 2000/2001, gross profit margin amounted to 14.7 % after 22.7 % in the previous year. Summary of EBIT, EBITDA, and Earnings per Share for the first three quarters of fiscal year 2001/2002 and compared to the previous year: Q1-Q3 2001/2002 Q1-Q3 2000/2001 EBIT Euro million (3.3) 36.1 EBIT excl. restr. exp. Euro million 12.7 EBIT margin (1.6 %) 16.1 % EBIT margin excl. restr. exp. 6.2 % EBITDA Euro million 25.8 57.0 EBITDA excl. restr. exp. Euro million 41.8 EBITDA margin 12.7 % 25.4 % EBITDA margin excl. restr. exp. 20.5 % Earnings per Share Euro (0.14) 0.90 Earnings per Share excl. restr. exp. Euro 0.24 Visibility for the financial year 2002/2003 still remains on a very low level. The full result presentation (Conference Call) and the third quarter report can be retrieved from the AT&S homepage, www.ats.net, as of today at 08h00 CET. If you have any inquiries please contact Manfred Weierer, Investor Relations, Tel: +43-3842-200 211 end of ad-hoc-announcement (c)DGAP 12.02.2002 ——————————————————————————– WKN: 922 230; ISIN: AT0000969985; Index: NEMAX 50 Listed: Neuer Markt in Frankfurt; Freiverkehr in Berlin, Bremen, Düsseldorf, Hamburg, Hannover, München, Stuttgart 120730 Feb 02