AT&S Austria Technologie & Systemtechnik AG

Earnings Release • Sep 11, 2006

News Details

Ad-hoc | 11 September 2006 10:55

AT&S increases Sales and Earnings Forecast

Ad hoc announcement transmitted by DGAP – a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. —————————————————————————— AT&S Austria Technologie und Systemtechnik AG increases its Sales Guidance for the running fiscal year from EUR 470 million to EUR 490 million. Earnings per share will reach from today’s point of view EUR 1.75 instead of EUR 1.15. This increased expectation is the result of several factors: •The ramp-up of the second plant in Shanghai is faster than expected and the yield is higher than anticipated. •An almost optimal product mix resulted in an increased loading of the plants. This situation should continue within the next months. •The performance of the Indian plant has been improved earlier than foreseen and should contribute positively to the earnings of the financial year. •The positive forecast after Q1 of the new businesses Trading and DCC has once again been increased. For the next financial year (2007/08) AT&S anticipates sales of EUR 570 million compared to the former guidance of EUR 550 million. This forecast is based on the additional capacities that AT&S will ramp up and on expected price developments. Due to strong influence of the product mix on the earnings development, it is not possible to give a precise guidance on the bottom line figures for 2007/08. However, a continued strong earnings growth has to be expected given the additional capacities in Asia and the technological trends which increase AT&S’s competitiveness. AT&S will present its half-year figures on October 24. For further information please contact René Berger, IRO, tel. +43 1 68300 9215, e-mail: r.berger@ats.net. (c)DGAP 11.09.2006 ————————————————————————— Language: English Issuer: AT&S Austria Technologie & Systemtechnik AG Fabriksgasse 13 8700 Leoben Österreich Phone: +43 (1) 3842 200-0 Fax: +43 (1) 3842 200-216 E-mail: ir@ats.net WWW: www.ats.net ISIN: AT0000969985 WKN: 922230 Indices: TecDAX Listed: Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin-Bremen, Stuttgart, München, Hamburg, Düsseldorf End of News DGAP News-Service —————————————————————————