Duyuru • Jul 29
Ordinary Shares of Atotech to Be De-Listed from the New York Stock Exchange MKS Instruments Inc. and Atotech Limited announced that they have received unconditional merger approval from China’s State Administration for Market Regulation for MKS’ pending acquisition of Atotech. The transaction has now received all required regulatory clearances. The acquisition, which is to be effected by means of a scheme of arrangement under the laws of the Bailiwick of Jersey (the “Scheme”), is anticipated to close on August 17, 2022, subject to obtaining the required sanction by the Royal Court of Jersey and the satisfaction of customary closing conditions. Ordinary shares of Atotech will be de-listed from The New York Stock Exchange in connection with the closing, and the last day of trading in such shares is expected to be August 16, 2022. Duyuru • Jul 21
Atotech Limited to Report Q2, 2022 Results on Aug 09, 2022 Atotech Limited announced that they will report Q2, 2022 results at 9:30 AM, US Eastern Standard Time on Aug 09, 2022 Duyuru • Jul 16
Atotech Limited, Annual General Meeting, Aug 01, 2022 Atotech Limited, Annual General Meeting, Aug 01, 2022, at 16:00 Central European Standard Time. Location: at the offices of Latham & Watkins (London) LLP located at 99 Bishopsgate London United Kingdom Agenda: To consider the company’s Annual Report and Accounts for the financial year ended December 31, 2021, together with the reports of the directors and the auditor; to re-appoint Geoff Wild as a Class I director of the Company; to re-appoint Shaun Mercer as a Class I director of the Company; and to consider other matters. Reported Earnings • May 13
First quarter 2022 earnings: EPS exceeds analyst expectations First quarter 2022 results: EPS: US$0.25 (up from US$0.55 loss in 1Q 2021). Revenue: US$358.0m (up 1.4% from 1Q 2021). Net income: US$47.8m (up US$133.7m from 1Q 2021). Profit margin: 13% (up from net loss in 1Q 2021). The move to profitability was primarily driven by lower expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 59%. Over the next year, revenue is forecast to grow 6.3%, compared to a 12% growth forecast for the industry in the US. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 7 non-independent directors. Independent Director Klaus-Gunter Vennemann was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Apr 05
Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2021 results: EPS: US$0.039 (up from US$4.64 loss in FY 2020). Revenue: US$1.50b (up 22% from FY 2020). Net income: US$7.50m (up US$430.6m from FY 2020). Profit margin: 0.5% (up from net loss in FY 2020). The move to profitability was primarily driven by higher revenue. Revenue exceeded analyst estimates by 1.9%. Earnings per share (EPS) missed analyst estimates by 91%. Over the next year, revenue is forecast to grow 3.2%, compared to a 14% growth forecast for the industry in the US. Duyuru • Apr 02
Atotech Limited to Report Fiscal Year 2021 Results on Apr 04, 2022 Atotech Limited announced that they will report fiscal year 2021 results at 6:00 AM, US Eastern Standard Time on Apr 04, 2022 Duyuru • Feb 05
Atotech Limited Announces Changes to Its Board Atotech Limited announced resignation of Brian Bernasek as director as of January 31, 2022. The board appointed Klaus-Günter Vennemann as director and member of the board’s audit committee, effective February 1, 2022. Mr. Vennemann is a management consultant and a member of the supervisory board of Rheinmetall since 2016. Vennemann was chief executive officer of the general lighting business unit of OSRAM AG. Breakeven Date Change • Dec 31
Forecast breakeven date pushed back to 2022 The 7 analysts covering Atotech previously expected the company to break even in 2021. New consensus forecast suggests the company will make a profit of US$188.0m in 2022. Average annual earnings growth of 49% is required to achieve expected profit on schedule. Reported Earnings • Nov 10
Third quarter 2021 earnings released: EPS US$0.10 (vs US$0.25 loss in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: US$383.0m (up 18% from 3Q 2020). Net income: US$19.4m (up US$41.9m from 3Q 2020). Profit margin: 5.1% (up from net loss in 3Q 2020). Reported Earnings • Aug 13
Second quarter 2021 earnings released: EPS US$0.15 (vs US$3.47 loss in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: US$376.6m (up 44% from 2Q 2020). Net income: US$29.7m (up US$345.8m from 2Q 2020). Profit margin: 7.9% (up from net loss in 2Q 2020). Duyuru • Jun 11
MKS Instruments Reportedly Approaches Atotech with Acquisition Offer MKS Instruments, Inc. (NasdaqGS:MKSI) has approached Atotech Limited (NYSE:ATC) with an acquisition offer, people familiar with the matter said on June 10, 2021. The potential combination would expand MKS's offerings in chip manufacturing through the addition of Atotech's plating chemicals. It would come a few months after Atotech was floated on the stock market by its private equity owner Carlyle Group Inc. There is no certainty that Atotech will engage in negotiations with MKS or that any deal will be reached, the sources said, requesting anonymity because the matter is confidential. Details of the offer could not be learned. Spokespeople for MKS and Carlyle both declined to comment, while Atotech did not respond to a request for comment. Reported Earnings • May 07
First quarter 2021 earnings released: US$0.55 loss per share (vs US$0.80 loss in 1Q 2020) The company reported a solid first quarter result with improved revenues and control over costs, although losses increased. First quarter 2021 results: Revenue: US$353.1m (up 25% from 1Q 2020). Net loss: US$85.9m (loss widened 17% from 1Q 2020). Duyuru • May 05
Atotech Limited Raises Financial Guidance for Full Year 2021 Atotech Limited raised financial guidance for full year 2021. As a result of very strong first quarter and improved outlook for the entire year, the Company is raising revenue guidance. The Company now expects full year 2021 total organic revenue growth to be in the range of 11% to 13%, including full year organic growth in chemistry revenue of approximately 9%, which excludes the impact of FX and palladium pass-through. Executive Departure • Apr 17
Global Head of Investor Relations & Communications has left the company On the 15th of April, Paul Goldberg's tenure in the role of Global Head of Investor Relations & Communications ended. We don't have any record of a personal shareholding under Paul's name. Paul is the only executive to leave the company over the last 12 months. Reported Earnings • Mar 08
Full year 2020 earnings released: US$4.64 loss per share (vs US$1.23 loss in FY 2019) The company reported a soft full year result with increased losses and weaker control over costs, although revenues improved. Full year 2020 results: Revenue: US$1.23b (up 3.9% from FY 2019). Net loss: US$423.1m (loss widened 278% from FY 2019). Analyst Estimate Surprise Post Earnings • Mar 08
Revenue and earnings beat expectations Revenue exceeded analyst estimates by 0.6%. Earnings per share (EPS) also surpassed analyst estimates by 165%. Over the next year, revenue is forecast to grow 12%, compared to a 13% growth forecast for the Chemicals industry in the US. Duyuru • Feb 19
Atotech Limited to Report Q4, 2020 Results on Mar 04, 2021 Atotech Limited announced that they will report Q4, 2020 results at 6:00 AM, US Eastern Standard Time on Mar 04, 2021 Duyuru • Feb 05
Atotech Limited has completed an IPO in the amount of $497.556 million. Atotech Limited has completed an IPO in the amount of $497.556 million.
Security Name: Common Shares
Security Type: Common Stock
Securities Offered: 29,268,000
Price\Range: $17
Transaction Features: Sponsor Backed Offering