AT&S Austria Technologie & Systemtechnik AG

Earnings Release • May 7, 2013

publication: 07.05.2013 19:30 source: http://adhoc.pressetext.com/news/1367947800835 keywords: annual result / update / fourth quarter result

Adhoc announcement according to article 48d section 1 BörseG

AT&S Austria Technologie & Systemtechnik AG: Results for financial year 2012/13

Leoben (pta043/07.05.2013/19:30) - AT&S finished the financial year 2012/13 with total sales of around EUR 542 million (m) - a year-on-year increase of about 5%

AT&S recorded earnings before interest, tax, depreciation and amortisation (EBITDA) of about EUR 102m and a consolidated net income declined of about EUR 14m

Net gearing ratio reduced to about 70%

AT&S Group's sales for the financial year 2012/13 reached EUR 542m, an improvement of around 5% on the previous year's total. Consolidated net income for the financial year 2012/13 dropped to about EUR 14m compared with EUR 27m a year ago, chiefly as a result of increased depreciation. Strong capacity utilisation in the second half of the financial year helped drive EBITDA to around EUR 102m, leading to a reduction in the net gearing ratio to around 70%, as against some 86% in the financial year 2011/12.

Q4 2012/13 Margin Total 2012/13 Margin Total 2011/12 Margin Revenues 136.6 541.7 514.2 Gross profit 19.8 14.5% 76.9 14.2% 83.5 16.2% EBIT 9.9 7.3% 30.9 5.7% 42.1 8.2% EBITDA 27.5 20.1% 101.9 18.8% 103.4 20.1% Profit before tax 8.0 5.9% 16.1 3.0% 32.3 6.3% Consolidated net income 8.7 14.1 26.5 Earnings per share** 0.37 0.60 1.14 No. of shares outstanding (average)*** 23,322 23,322 23,322

The results* in detail:

---

* EUR m

** EUR

*** Thousands of shares

The Excel-format financial statements (not including notes) for the financial year 2012/13 will be published online at www.ats.net under Investors > Downloads > Annual reports. The annual report will be available in .pdf format from June 2013. The annual financial statements will be presented to the Supervisory Board for auditing and adoption on 3 June 2013.

emitter:	AT&S Austria Technologie & Systemtechnik AG Fabriksgasse 13 8700 Leoben Austria
contact person:	Christina Schuller
phone:	+43 3842 2005908
e-mail:	c.schuller@ats.net
website:	www.ats.net
ISIN(s):	AT0000969985 (share)
stock exchanges:	official trade in Vienna

News transmitted by pressetext.adhoc. The emitter is responsible for the content.