Moderate Rise in Net Income at AT&S

CompaniesTechnology ♦ Published: July 24, 2012; 16:04 ♦ (Vindobona)

The Ausstrian high-tech company AT&S reaffirms positive outlook for current financial year following modest first-quarter performance. Revenues were up by 14% and the EBITDA margin improved slightly.

Moderate Rise in Net Income at AT&S / Picture: © AT&S

In the first quarter of the financial year 2012/13 AT&S Group posted sales of around € 126m, which was € 16m more than in the same period last year. Earnings before interest, taxes, depreciation and amortisation (EBITDA) rose by around 17% (or € 3m) to € 21m. “The first quarter was shaped by a series of events in the Mobile Devices segment. The introduction of new models,…

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