LEOBEN, AUSTRIA – Printed circuit board manufacturer AT&S reported revenue for the first six months of the 2015/16 calendar year of €387.1 million, up 28.2% year-over-year.
EBITDA was €93.2 million, up 29% compared to the same six months last year.
Profit for the period was €42.1 million, an increase of 48.1% year-over-year.
Net debt increased from €130.5 million as of March 31, 2015, to €194.4 million, primarily due to investments in Chongqing and other production sites, the firm says.
Management increased revenue expected for the full year from €725 million to €740 million.
Ed.: €1 = US$1.1033