AT&S: results for the financial year 2013/14

  • AT&S finished the financial year with total sales of around EUR 590 million (m), a year-on-year increase of about 9%
  • AT&S generated EBITDA of about EUR 127m: a year-on-year increase of about 24%
  • Consolidated net income amounted to about EUR 38m
  • AT&S improved its financing structure and reduced its gearing ratio to about 28% 

AT&S Group’s sales for the financial year 2013/14 reached EUR 590m, an increase of around 9% on the previous year’s total (2012/13: approx. EUR 542m). Earnings before interest, tax, depreciation and amortisation (EBITDA) amounted to EUR 127m, an increase of around 24% on the 2012/13 total of around EUR 102m. Consolidated net income for the financial year 2013/14 rose to EUR 38m. The capital increase (gross proceeds of about EUR 100m) and the placement of a bonded loan (gross proceeds of EUR 158m) led to an improvement in the Group’s financing structure. The gearing ratio declined to 28% (2012/13: approx. 71%).

The results in detail:

 

in accordance with IFRS; € in millions FY 2013/14FY 2012/13
01.04.2013 – 31.03.201401.04.2012 – 31.03.2013 1)
Before non-recurring itemsAfter non-recurring itemsAfter non-recurring items
Revenues589.9541.7
Gross profit118.877.1
EBITDA130.2127.2102.4
EBITDA margin22.1%21.6%18.9%
EBIT56.953.931.4
EBIT margin9.7 %9.1 %5.8 %
Profit before tax42.816.5
Consolidated net income41.238.214.6
Earnings per share, year end*1.060.980.62
No. of shares outstanding, year end**38,85023,322

1) Adjusted according to IAS 19 (revised)

* in EUR

** Thousands of shares

The Excel-format financial statements (not including notes) for the financial year 2013/14 will be published online at www.ats.net under Investors > Downloads > Annual reports. The annual report will be available in .pdf format in June 2014. The annual financial statements will be presented to the Supervisory Board for auditing and adoption on 2 June.

May 7, 2014 18:15 Published by