LEOBEN, AUSTRIA – AT&S posted fourth-quarter revenues of EUR 136.6 million, down 4.1% year-over-year.

Consolidated net income for the period was EUR 8.7 million, up 85.1% compared to the same quarter last year. EBITDA was EUR 27.5 million, nearly flat with last year’s EUR 27.4 million.

For its fiscal year, total sales were EUR 542 million, up about 5% year-over-year. Consolidated net income dropped nearly 47% to EUR 14.1 million compared to the prior year. The group posted full-year EBITDA of EUR 101.9 million, as of Mar. 31, down 1.5% year-over-year.

The printed circuit board fabricator says it had an improved second half.

“Capacity utilization has been strong at our plants over the past six months. We have seen a significant upturn in demand for Mobile Devices' high-value HDI printed circuit boards. Automotive recorded an increase in demand, and we continued to build on our strong performance in the medical component segment. We are also delighted that demand for our ECP technology picked up in the financial year just ended," said CEO Andreas Gerstenmayer.

Ed: EUR 1 = US$1.3084

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