LEOBEN, AUSTRIA – AT&S has revised its financial outlook for the fiscal year 2026/27, lowering revenue forecasts due to ongoing market challenges.
The company now forecasts annual revenue between €2.1 billion and €2.4 billion ($2.2 billion and $2.5 billion), a reduction from the previous estimate of approximately €3 billion ($3.1 billion).
The company said the changes are attributed to continued market weakness and overcapacity issues in printed circuit boards and IC substrates, exerting price pressures on the firm. AT&S said it is intensifying efforts to cut costs and all investments are subject to intensive review.