Equity Story

AT&S – a world leading high-tech PCB and IC substrates company

Unique market position

• Broad product portfolio to serve all growth markets
• Long-standing customer relationships with technology and market leaders
• Technology innovator due to continuous R&D efforts
• Quality benchmark with outstanding process know-how, productivity and efficiency

Growth oriented strategy

• Megatrend-driven markets with attractive growth potential
• Address growth opportunities with incremental investments

Sustainable profitability

• AT&S has constantly outperformed the PCB and substrates market over the last years
• EBITDA margin of 20 – 25% above industry average
• Strong cash flow generation and therefore improved internal financing capabilities
• Solid balance sheet and attractive dividend policy