Outlook & Key Figures

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 EUR
Q1-Q3 2016/17
01.04.-31.12.2016
Q1-Q3 2017/18
01.04.-31.12.2017
Change
Revenue615.1765.924.5%
EBITDA102.1190.386.3%
EBITDA margin (in %)16.624.8-
EBIT11.888.8> 100%
EBIT margin (in %)1.911.6-
Profit/loss for the period-19.747.8> 100%
Cash flow from operating activities before changes in working capital74.5170.3> 100%
Net CAPEX192.3124.6(35.2%)
Equity ratio (in %)37.6*45.6**-
Net debt380.5*217.0**(43.0%)
Earnings per average number of shares outstanding (in EUR)-0.511.21> 100%
* As of 31.03.2017. **As of 31.12.2017

According to IFRS; € in millions2015/162016/17Change
01.04.2015 - 31.03.201601.04.2016 - 31.03.2017
Revenue762.9814.96.8%
EBITDA167.5130.9-21.9%
EBITDA margin (%)22.016.1-
EBITDA adjusted*180.2194.88.1%
EBITDA margin adjusted (%)*23.725.4-
EBIT77.06.6-91.4%
EBIT margin (%)10.10.8-
EBIT adjusted*103.2119.015.3%
EBIT margin adjusted (%)*13.615.5-
Profit/loss for the year56.0-22.9> -100%
Cash flow from operating activities before changes in working capital145.990.5-38.0%
Net CAPEX254.3240.7-5.3%
Equity ratio (%)42.337.6-
Net debt263.2380.544.6%
Earnings per average number of shares outstanding (EUR)1.44-0.59> -100%
Number of shares, weighted average (thousands of shares)38,85038,850-
* Adjusted for Chongqing effects and release of provision for restructuring