AT&S Austria Technologie & Systemtechnik AG

Management Reports • Apr 9, 2009

News Details

Ad-hoc | 9 April 2009 07:43

AT&S Outlook

AT&S Austria Technologie & Systemtechnik AG / Forecast

Release of an Ad hoc announcement, transmitted by DGAP - a company of
EquityStory AG.
The issuer is solely responsible for the content of this announcement.

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On 14 May 2009, AT&S will release the results for its business year
2008/09. At present, the Management assumes revenues of around EUR 450
million.

Based on a solid development of the operating result in business year
2008/09, the successful ramp-up of new customers in the high-end segment,
an outstanding position on the target markets and a strong equity
structure, AT&S will stick to its conservative dividend policy. Hence, also
this year, the Management Board of AT&S will propose to the Annual General
Meeting a dividend of around 10% of the cash-earnings. According to current
estimates, a dividend for the last business year of EUR 0.15 - 0.18 will be
paid. The exact dividend to be proposed to the Annual General Meeting shall
be announced with the release of the AT&S annual results on 14 May 2009.
With its decision to propose a dividend - just in this difficult market
environment - the Management of AT&S proves its positive view on the future
of the Company. Despite significant falls in demands in the various target
markets and despite the adaptation of production capacities and costs -
especially at the Austrian sites - AT&S Group is ideally positioned for the
future. Therefore, sticking to a continuous dividend policy appears to be
appropriate.

The present global market environment and the Group's new strategic
orientation in the mobile devices sector lead Management to expect no
growth in financial 2009/10 and 2010/11, or even negative growth. The
production capacities already installed allow the Company to limit
investments (CAPEX). Hence, for business year 2009/10 investments of up to
EUR 30 million are scheduled. However, approximately half of which result
from projects already started in business year 2008/09.

Further information
AT&S Austria Technologie & Systemtechnik AG
Hans Lang, IRO
tel: +43-1-68300-9259, e-mail: h.lang@ats.net, www.ats.net

09.04.2009 Financial News transmitted by DGAP

Language: English
Issuer: AT&S Austria Technologie & Systemtechnik AG
Fabriksgasse 13
8700 Leoben
Österreich
Phone: +43 (1) 3842200-0
Fax: +43 (1) 3842200-216
E-mail: info@ats.net
Internet: www.ats.net
ISIN: AT0000969985
WKN: 922230
Listed: Freiverkehr in Berlin, Hannover, Düsseldorf, Hamburg,
München, Stuttgart; Open Market in Frankfurt; Foreign
Exchange(s) Wien

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