AT&S adjusts outlook for the financial year 2026/27

 

AT&S adjusts outlook for the financial year 2026/27

 

Disclosure of inside information pursuant to Article 17 MAR

 

Leoben – Based on the current revision of the mid-term planning the Management Board of AT&S decided today to adjust the guidance for the financial year 2026/27. The company now expects the following for the financial year 2026/27:

• Annual revenue between € 2.1 and € 2.4 billion (previously: approx. € 3.0 billion)
• EBITDA margin of approximately 24‒28% (previously: 27‒32%)
• Net debt/EBITDA <3 (unchanged)
• ROCE below the mid-term target of 12% (previously: >12%)
• Equity ratio, assuming repayment of hybrid capital at the end of the 2026/27 financial year, temporarily <20% (previously: ~20%)

 

The adjustments are due to a persistent weakness of the market coupled with overcapacities for printed circuit boards and IC substrates, and the resulting price pressure.

 

Due to the weak market environment, efforts to cut costs are being intensified significantly and all investments are subject to intensive review.

 

 

 

AT & S Austria Technologie & Systemtechnik Aktiengesellschaft – Advanced Technologies & Solutions

AT&S is a leading global manufacturer of high-quality IC substrates and printed circuit boards as well as a developer of pioneering interconnect technologies for the core areas of mobile devices, automotive & aerospace, industrial, medical and high-performance processors for VR and AI applications. AT&S has a global presence with production sites in Austria (Leoben, Fehring) and plants in India (Nanjangud), China (Shanghai, Chongqing) and Korea (Ansan near Seoul). A new high-end production facility for IC substrates is currently being ramped up in Kulim, Malaysia. A European competence center with connected series production for IC substrate technologies is being built in Leoben. Both sites will start production in the financial year 2024/25. The company currently employs more than 13,500 people. For further information please visit www.ats.net