AT&S Austria Technologie & Systemtechnik AG

Earnings Release • Nov 4, 2013

publication: 04.11.2013 19:30 source: http://adhoc.pressetext.com/news/1383589800406 keywords: semiannual result / update / AT&S

Adhoc announcement according to article 48d section 1 BörseG

AT & S Austria Technologie & Systemtechnik AG: AT&S reports significant increase in earnings

Leoben (pta026/04.11.2013/19:30) - AT&S posted a considerable rise in revenue and profit in the first half of the financial year 2013/14.

In the first half of the financial year 2013/14 AT&S Group posted sales of around EUR 300 million (m), a year-on-year improvement of some 18%. Earnings before interest, taxes, depreciation and amortisation (EBITDA) advanced by around 50% to EUR 65m. Earnings per share increased from EUR 0.09 to EUR 0.94. Taking seasonality into account, as things stand AT&S is forecasting revenue growth of five percent and an EBITDA margin of 18-20 percent for the current financial year.

23,433 23,322

01/04 - 30/09/2013 01/04 - 30/09/2012 1) before nonrecurring items after non-recurring items before nonrecurring items after non-recurring items Revenue 299.93 254.77 Gross profit 60.46 30.67 EBITDA 68.42 65.41 43.91 43.91 EBITDA margin 22.8% 21.8% 17.2% 17.2% EBIT 33.57 30.57 8.53 8.53 EBIT margin 11.2% 10.2% 3.4% 3.4% Profit before tax 24.32 2.66 Consolidated net income 24.96 21.96 2.06 2.06 Earnings per share** 1.06 0.94 0.09 0.09

The results* in detail:

---

1) Adjusted according to IAS 19 (revised)

* In EUR m

No. of shares outstanding (average)***

** EUR

*** Thousands of shares

Mobile Devices continues strong performance

First half year segmental revenue was up by about 19% on the same period a year earlier thanks to an optimised product mix, continued strong demand for high-value HDI printed circuit boards and high capacity utilisation at the Shanghai plant.

Industrial & Automotive report sustained high demand

The trend towards increased use of high-value printed circuit boards in automotive technology remains unbroken. The medical technology sector also continued its positive development. Overall, revenue for Industrial & Automotive was up by about 15% or EUR 17m on the same period of 2012/13. The Industrial & Automotive segment now accounts for 44% of consolidate revenue.

Advanced Packaging

Revenue generated by sales of AT&S's patented ECP® technology tripled year on year, a development driven by further expansion of the customer portfolio.

The results and the Excel format interim financial statements (not including notes) for the 1st Half Year 2013/14 will be posted in the investors section of www.ats.net (Investors > Download Centre > Quarterly Reports), where the Half Year Financial Report 2013/14 will also be available from end of November.

emitter:	AT & S Austria Technologie & Systemtechnik AG Fabriksgasse 13 8700 Leoben Austria
contact person:	Christina Schuller
phone:	+43 3842 200 5908
e-mail:	c.schuller@ats.net
website:	www.ats.net
ISIN(s):	AT0000969985 (share)
stock exchanges:	official trade in Vienna

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