AT&S to shift gears

Companies ♦ Published: July 22, 2010; 00:00 ♦ (Vindobona)

The expansion in China and India as a driver for the circuit board manufacturer.

AT&S to shift gears / Picture: © Vindobona.org

The listed manufacturer AT&S has its essential part of its business in China and benefited from favourable currency development.

Sales increased over the previous quarter by 37 percent to €113.9m ($146.808m). In view of massive write-downs last year, net income improved massively to €7.57m ($9.76), thanks to a stronger yuan.

According to CEO Andreas Mayer Barley…