Announcement • Dec 09
AT & S Austria Technologie & Systemtechnik Aktiengesellschaft, Annual General Meeting, Jul 09, 2026 AT & S Austria Technologie & Systemtechnik Aktiengesellschaft, Annual General Meeting, Jul 09, 2026. Announcement • Feb 27
At & S Austria Technologie & Systemtechnik Aktiengesellschaft Appoints Dr. Michael Mertin as Ceo, Effective May 1, 2025 AT & S Austria Technologie & Systemtechnik Aktiengesellschaft announced appointment of Dr. Michael Mertin as member of the Management Board and Chief Executive Officer (CEO) of the company with effect from May 1, 2025 and a term of three years. He will succeed Andreas Gerstenmayer, who stepped down from this position as of October 1, 2024. Dr. Michael Mertin studied physics at RWTH Aachen and subsequently earned a PhD in laser material processing and surface technology at the Fraunhofer Institute for Laser Technology (FHG-ILT). Following a ten-year career at Carl Zeiss, Dr. Mertin joined JENOPTIK AG as CTO/COO and served as CEO from July 2007 until 2017. Until Feb. 26, 2025, he has been active as an independent consultant at Dr.-Ing. Michael Mertin Management Consulting focusing on private equity and M&A, and carried out numerous acquisition and divestment projects. Furthermore, Dr. Mertin was President of the European technology platform Photonics 21, which designs the high-tech agenda of the EU in cooperation with the European Commission. He was also Chairman of the University Council of the Illmenau University of Technology and is an advisory board member of HDI Insurance Group and Deutsche Bank AG. Dr. Michael Mertin held several senior management functions over the past decades, including the position of CEO of JENOPTIK AG for ten years. Announcement • Sep 24
SO.MA.CI.S. S.p.A. agreed to acquire At&S Korea Co. Ltd from AT & S Austria Technologie & Systemtechnik Aktiengesellschaft (WBAG:ATS) for €400 million. SO.MA.CI.S. S.p.A. agreed to acquire At&S Korea Co. Ltd from AT & S Austria Technologie & Systemtechnik Aktiengesellschaft (WBAG:ATS) for €400 million on September 23, 2024. A cash consideration of €405 million will be paid by SO.MA.CI.S. S.p.A. As part of consideration, €405 million is paid towards common equity of At&S Korea Co. Ltd. Announcement • Jan 21
AT & S Austria Technologie & Systemtechnik Aktiengesellschaft Revises Earnings Guidance for the Financial Year 2023/24 AT & S Austria Technologie & Systemtechnik Aktiengesellschaft revised earnings guidance for the financial year 2023/24. The company has adjusted its revenue forecast for the current financial year 2023/24 due to lower demand caused by high inventory levels, particularly for servers, as well as an unfavourable product mix and increased price pressure. The company expects to generate annual revenue of around €1.6 billion in the financial year 2023/24 (previously: between €1.7 and €1.9 billion). Reported Earnings • Jun 13
Full year 2023 earnings released: EPS: €3.03 (vs €2.39 in FY 2022) Full year 2023 results: EPS: €3.03 (up from €2.39 in FY 2022). Revenue: €1.79b (up 13% from FY 2022). Net income: €117.9m (up 27% from FY 2022). Profit margin: 6.6% (up from 5.8% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 6.6% growth forecast for the Electronic industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 87% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth. Reported Earnings • Jun 10
Full year 2023 earnings released: EPS: €3.03 (vs €2.39 in FY 2022) Full year 2023 results: EPS: €3.03 (up from €2.39 in FY 2022). Revenue: €1.79b (up 13% from FY 2022). Net income: €117.9m (up 27% from FY 2022). Profit margin: 6.6% (up from 5.8% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 6.6% growth forecast for the Electronic industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 87% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth. Announcement • May 12
AT & S Austria Technologie & Systemtechnik Aktiengesellschaft Proposes the Distribution of Dividend for the Financial Year 2022/23 AT & S Austria Technologie & Systemtechnik Aktiengesellschaft's Management Board to propose a dividend of EUR 0.40 per share (Previous Year: EUR 0.78 per share and special dividend of EUR 0.12 per share) for the financial year 2022/23 to the 29th Annual General Meeting on July 6, 2023. Reported Earnings • Feb 08
Third quarter 2023 earnings released: €0.077 loss per share (vs €1.06 profit in 3Q 2022) Third quarter 2023 results: €0.077 loss per share (down from €1.06 profit in 3Q 2022). Revenue: €419.1m (down 6.7% from 3Q 2022). Net loss: €3.00m (down 107% from profit in 3Q 2022). Revenue is forecast to grow 22% p.a. on average during the next 3 years, compared to a 6.3% growth forecast for the Electronic industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 103% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth. Announcement • Feb 02
AT & S Austria Technologie & Systemtechnik Aktiengesellschaft Revises Earnings Guidance for the Financial Year 2022-2023 AT & S Austria Technologie & Systemtechnik Aktiengesellschaft revised earnings guidance for the financial year 2022-2023. For the year, due to weak demand, especially in the market for IC substrates, the company expects to generate annual revenues of around €1.8 billion against previous guidance of around €2.1 billion. Reported Earnings • Nov 05
Second quarter 2023 earnings released: EPS: €3.17 (vs €0.55 in 2Q 2022) Second quarter 2023 results: EPS: €3.17 (up from €0.55 in 2Q 2022). Revenue: €567.5m (up 49% from 2Q 2022). Net income: €123.3m (up 475% from 2Q 2022). Profit margin: 22% (up from 5.6% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 7.0% growth forecast for the Electronic industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 97% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 04
First quarter 2023 earnings released: EPS: €2.35 (vs €0.19 loss in 1Q 2022) First quarter 2023 results: EPS: €2.35 (up from €0.19 loss in 1Q 2022). Revenue: €502.6m (up 58% from 1Q 2022). Net income: €91.3m (up €98.7m from 1Q 2022). Profit margin: 18% (up from net loss in 1Q 2022). The move to profitability was driven by higher revenue. Over the next year, revenue is forecast to grow 29%, compared to a 9.3% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 63% per year but the company’s share price has only increased by 49% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Jul 21
Investor sentiment improved over the past week After last week's 16% share price gain to €49.90, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 22x in the Electronic industry in the United Kingdom. Total returns to shareholders of 239% over the past three years. Upcoming Dividend • Jul 19
Upcoming dividend of €0.90 per share Eligible shareholders must have bought the stock before 26 July 2022. Payment date: 28 July 2022. Payout ratio is a comfortable 33% and this is well supported by cash flows. Trailing yield: 1.6%. Lower than top quartile of British dividend payers (5.3%). In line with average of industry peers (1.6%). Valuation Update With 7 Day Price Move • Jun 18
Investor sentiment deteriorated over the past week After last week's 15% share price decline to €45.00, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 22x in the Electronic industry in the United Kingdom. Total returns to shareholders of 218% over the past three years. Reported Earnings • May 19
Full year 2022 earnings released: EPS: €2.39 (vs €1.01 in FY 2021) Full year 2022 results: EPS: €2.39 (up from €1.01 in FY 2021). Revenue: €1.59b (up 34% from FY 2021). Net income: €92.8m (up 137% from FY 2021). Profit margin: 5.8% (up from 3.3% in FY 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 17%, compared to a 8.3% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 50% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • May 18
Investor sentiment improved over the past week After last week's 17% share price gain to €52.30, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 24x in the Electronic industry in the United Kingdom. Total returns to shareholders of 247% over the past three years. Valuation Update With 7 Day Price Move • Mar 23
Investor sentiment improved over the past week After last week's 17% share price gain to €51.90, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 24x in the Electronic industry in the United Kingdom. Total returns to shareholders of 264% over the past three years. Reported Earnings • Feb 05
Third quarter 2022 earnings: Revenues exceed analyst expectations Third quarter 2022 results: Revenue: €449.0m (up 30% from 3Q 2021). Net income: €47.4m (up 131% from 3Q 2021). Profit margin: 11% (up from 5.9% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 3.3%. Over the next year, revenue is forecast to grow 8.1%, compared to a 5.8% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 42% per year but the company’s share price has increased by 40% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Feb 04
Investor sentiment improved over the past week After last week's 19% share price gain to €45.75, the stock trades at a forward P/E ratio of 38x. Average forward P/E is 27x in the Electronic industry in the United Kingdom. Total returns to shareholders of 196% over the past three years. Reported Earnings • Nov 06
Second quarter 2022 earnings released: EPS €0.55 (vs €0.52 in 2Q 2021) The company reported a solid second quarter result with improved earnings and revenues, although profit margins were weaker. Second quarter 2022 results: Revenue: €379.9m (up 31% from 2Q 2021). Net income: €21.5m (up 7.3% from 2Q 2021). Profit margin: 5.7% (down from 6.9% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 46% per year but the company’s share price has increased by 25% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Nov 05
Investor sentiment improved over the past week After last week's 23% share price gain to €40.40, the stock trades at a forward P/E ratio of 29x. Average forward P/E is 30x in the Electronic industry in the United Kingdom. Total returns to shareholders of 109% over the past three years. Reported Earnings • Aug 08
First quarter 2022 earnings released: €0.19 loss per share (vs €0.26 loss in 1Q 2021) The company reported a solid first quarter result with reduced losses, improved revenues and improved control over expenses. First quarter 2022 results: Revenue: €317.7m (up 28% from 1Q 2021). Net loss: €7.35m (loss narrowed 26% from 1Q 2021). Over the last 3 years on average, earnings per share has fallen by 53% per year but the company’s share price has increased by 20% per year, which means it is well ahead of earnings. Upcoming Dividend • Jul 20
Upcoming dividend of €0.39 per share Eligible shareholders must have bought the stock before 27 July 2021. Payment date: 29 July 2021. Trailing yield: 1.0%. Lower than top quartile of British dividend payers (4.0%). In line with average of industry peers (1.0%). Reported Earnings • Jun 13
Full year 2021 earnings released: EPS €1.01 (vs €0.30 in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: €1.19b (up 19% from FY 2020). Net income: €39.1m (up 240% from FY 2020). Profit margin: 3.3% (up from 1.1% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 51% per year but the company’s share price has increased by 30% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Jun 02
Investor sentiment improved over the past week After last week's 18% share price gain to €34.65, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 36x in the Electronic industry in the United Kingdom. Total returns to shareholders of 113% over the past three years. Reported Earnings • Feb 06
Third quarter 2021 earnings released: EPS €0.53 (vs €0.092 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: €346.0m (up 32% from 3Q 2020). Net income: €20.5m (up 474% from 3Q 2020). Profit margin: 5.9% (up from 1.4% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 47% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings. Is New 90 Day High Low • Jan 12
New 90-day high: €27.85 The company is up 57% from its price of €17.74 on 14 October 2020. The British market is up 15% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 8.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €153 per share. Is New 90 Day High Low • Dec 18
New 90-day high: €22.90 The company is up 40% from its price of €16.34 on 18 September 2020. The British market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 11% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €101 per share. Is New 90 Day High Low • Dec 03
New 90-day high: €21.00 The company is up 32% from its price of €15.86 on 04 September 2020. The British market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 8.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €75.99 per share.