The Management Board expects the usual seasonality for the fourth quarter of the financial year 2017/18. For the full financial year, AT&S expects revenue growth of 20-25% subject to a continued stable the market environment and a stable exchange rate development. Due to the positive development in the first nine months, the management expects the EBITDA margin to slightly exceed the forecast from October 2017 of 19-22%, and additional depreciation of roughly € 15 million.
According to IFRS;
in million EURQ1-Q3 2016/17
01.04.-31.12.2016Q1-Q3 2017/18
01.04.-31.12.2017Change
Revenue 615.1 765.9 24.5%
EBITDA 102.1 190.3 86.3%
EBITDA margin (in %) 16.6 24.8 -
EBIT 11.8 88.8 > 100%
EBIT margin (in %) 1.9 11.6 -
Profit/loss for the period -19.7 47.8 > 100%
Cash flow from operating activities before changes in working capital 74.5 170.3 > 100%
Net CAPEX 192.3 124.6 (35.2%)
Equity ratio (in %) 37.6* 45.6** -
Net debt 380.5* 217.0** (43.0%)
Earnings per average number of shares outstanding (in EUR) -0.51 1.21 > 100%
* As of 31.03.2017. **As of 31.12.2017
According to IFRS; € in millions 2015/16 2016/17 Change
01.04.2015 - 31.03.2016 01.04.2016 - 31.03.2017
Revenue 762.9 814.9 6.8%
EBITDA 167.5 130.9 -21.9%
EBITDA margin (%) 22.0 16.1 -
EBITDA adjusted* 180.2 194.8 8.1%
EBITDA margin adjusted (%)* 23.7 25.4 -
EBIT 77.0 6.6 -91.4%
EBIT margin (%) 10.1 0.8 -
EBIT adjusted* 103.2 119.0 15.3%
EBIT margin adjusted (%)* 13.6 15.5 -
Profit/loss for the year 56.0 -22.9 > -100%
Cash flow from operating activities before changes in working capital 145.9 90.5 -38.0%
Net CAPEX 254.3 240.7 -5.3%
Equity ratio (%) 42.3 37.6 -
Net debt 263.2 380.5 44.6%
Earnings per average number of shares outstanding (EUR) 1.44 -0.59 > -100%
Number of shares, weighted average (thousands of shares) 38,850 38,850 -
* Adjusted for Chongqing effects and release of provision for restructuring