LOEBEN, AUSTRIA -- AT&S reported consolidated revenue increased 14% from a year ago in its fiscal first quarter to €399 million.

Adjusted for currency effects, consolidated revenue rose by 19%. Higher volume made for ongoing price pressure and negative exchange rate effects during the reporting period.

EBITDA rose 9% to €71 million, a margin of 17.7%.

The PCB fabricator offered a first-half revenue forecast of €820 million and EBITDA margin of 20%, and reaffirmed its full year outlook.

“Investments in artificial intelligence continue to drive the market for IC substrates and printed circuit boards for servers and high-performance computing,” said AT&S CEO Michael Mertin. “Our focus on high-end IC substrates and the new plants in Kulim/Malaysia and Leoben/Austria are decisive steps for AT&S on its path towards profitable growth based on leading-edge technology, solid expertise and strong partnerships with globally leading companies.”

• Prev
• Next