12.03.2023, 884 Zeichen

AT&S: Due to the current market environment, AT & S Austria Technologie & Systemtechnik Aktiengesellschaft is adapting the investment project in Kulim, Malaysia, until further notice. The growth rate will be adjusted to the market conditions and the medium-term targets will be postponed by one year to the financial year 2026/27. The main reasons for this are high inventory levels across the IC substrates supply chain combined with weaker demand will lead to reduced market growth in 2023. AT&S is therefore in dialog with a major customer in order to adjust capacities and financing contributions to the current market environment. AT&S currently assumes that parts of the investment project in Kulim will be realized at a later date than previously planned.
AT&S: weekly performance: -12.12%

(From the 21st Austria weekly https://www.boerse-social.com/21staustria (07/03/2023)

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