AT&S: AT&S, European market leader and one of the globally leading manufacturers of high-end printed circuit boards and IC substrates, achieved record revenue and EBITDA levels again in 2018/19.  The Group’s revenue rose by 3.6% to Euro 1,028.0 mn in 2018/19 (previous year: Euro 991.8 mn). The operating result (EBIT) increased significantly by 29.8% to Euro 117.2 mn. Profit for the year consequently rose from Euro 56.5 mn to Euro 86.9 mn.  Miniaturisation and functional integration will continue to be the trends in the electronics industry in the future. In addition, the necessity of the shortest possible time to market is growing due to shorter life cycles of new products. The combination of these trends will increase modularisation in electronics in the coming years. As part of its “More than AT&S” strategy, the company intends to participate as best possible in this market, which will grow substantially (CAGR of approx. 12%) in the coming years. To do so, AT&S is expanding its position in the value chain and opening up additional business opportunities by entering another market segment. Within the strategy “More than AT&S”, the company will continue to review all possibilities for the set-up of further required technologies and capabilities in the future. In doing so, both organic and non-organic measures will be considered. Outlook 2019/20: Stable revenue and EBITDA margin within the range of 20-25%.
AT&S: weekly performance: -8.72%