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AT&S: Rising Revenues, Shrinking Profits

Business ♦ Published: May 10, 2012; 11:51 ♦ (Vindobona)

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Total annual sales topped € 514 million, about 5% more than a year ago. Annual net income declined to € 26.5m after € 35.0m in 2010/11.

AT&S: Rising Revenues, Shrinking Profits / Picture: © Vindobona.org

AT&S Group’s sales for the financial year 2011/12 hit the record level of € 514m. Despite a slight decline in EBIT for the year, EBITDA (earnings before interest, tax, and depreciation and amortisation) rose from € 95.9m to more than € 103m. This translates into earnings per share for the Group of about € 1.14, as against € 1.51 in the financial year 2010/11.…