The Chemical Connection: Reducing Defects in Circuit Board Production
It’s Only Common Sense: Trust Is All You Need
Dan’s Biz Bookshelf: ‘The Future of Sales'
AT&S Increases Annual Guidance for Financial Year 2017/18
October 11, 2017 | AT&SEstimated reading time: 1 minute
AT&S has been recording very high customer demand and utilisation at the capacity limit at almost all plants, especially in the last three months. The ramp-up of the new technology generation in the core business has developed better and more rapidly than originally expected due to a very positive trend in demand on customers’ side. In addition, further efficiency improvements have been achieved for IC substrates in Chongqing. These programmes will be pursued continuously.
The positive business development in general is primarily attributable to the effect of general efficiency measures and the fact that technological challenges at the introduction of the new technologies were handled better now. The beneficial trend was supported by a positive product mix and – based on a weaker development of the Chinese Renminbi in relation to the Euro in the last six months – a favourable exchange rate development in production costs.
Based on that, the Management Board after today’s meeting, now expects an increase in revenue of 20-25% (original forecast: 10-16%), an EBITDA margin of 19-22% (original forecast 16-18%) and additional depreciation of roughly EUR 15 million (original forecast: roughly EUR 25 million) for the financial year 2017/18 provided that the market environment and the exchange rate development remain stable.
This development, leading to the revised guidance for the financial year 2017/18, is an important interim goal to achieve the medium-term and long-term financial targets (EBITDA margin of >20%, ROCE of 12%) of AT&S and the introduced measures and achieved improvements are significant steps to return to the expected profitability. This is key to position AT&S also in future as a high-tech partner for it’s customers and to finance the investments required therefor.
Share on:
Suggested Items
Technica Expands into Emerging Printed Electronics and Advanced Coatings Markets
06/04/2025 | Technica USATechnica is expanding its product portfolio with Agfa’s advanced line of Orgacon conductive coatings. The Orgacon products are a natural complement to Technica’s existing solutions and will allow the company to deliver greater value to customers in these markets.
Rehm Thermal Systems Mexico: Ten Years of Growth and Innovation in an Emerging Market
06/03/2025 | Rehm Thermal SystemsOver ten years ago, Luis A. Garcia began his success story at Rehm Thermal Systems. On May 15, 2013, he initially joined as a member of the Rehm USA team.
Panasonic Appoints Matrix as its Authorized Distributor in Europe
06/03/2025 | Matrix ElectronicsEffective July 1st, 2025, Panasonic Industry Co., Ltd. has appointed Matrix Electronics Limited as its Authorized Distributor in the European region.
It’s Only Common Sense: Trust Is All You Need
06/02/2025 | Dan Beaulieu -- Column: It's Only Common SenseTrust is all you need, and the best way to build it is by showing that others have placed their faith in you. This is where social proof becomes a game-changer. Social proof is a psychological phenomenon that influences people to follow others’ actions, especially in uncertain situations. By leveraging social proof, businesses can attract customers and close deals more efficiently. Here’s how to incorporate social proof into your strategy and watch your closing rate soar.
WellPCB, OurPCB Launch Low-Cost PCB Assembly and Custom Cable Assembly Solutions
05/29/2025 | ACCESSWIREWellPCB and OurPCB, world leading PCB manufacturing service providers, announced today that they have officially launched new Low-Cost PCB Assembly Solutions and Custom Cable Assembly services to meet the needs of the electronics manufacturing industry for high cost performance and flexible customization.