AT&S Austria Technologie & Systemtechnik AG
ISIN: AT0000969985
WKN: 922230
12 December 2024 09:01AM

EQS-News: Mourning at AT&S: Farewell to Hannes Androsch

AT&S Austria Technologie & Systemtechnik AG · ISIN: AT0000969985 · EQS - Company News
Country: Austria · Primary market: Austria · EQS NID: 2049523

EQS-News: AT&S Austria Technologie & Systemtechnik AG / Key word(s): Personnel
Mourning at AT&S: Farewell to Hannes Androsch

12.12.2024 / 09:01 CET/CEST
The issuer is solely responsible for the content of this announcement.


Mourning at AT&S: Farewell to Hannes Androsch

 

Since 1994 the history of AT&S has been inextricably linked with Hannes Androsch. But Androsch was also a widely heard voice on socio-political issues right up to the end.

 

Leoben, December 12, 2024 – Yesterday, on December 11, Dr. Hannes Androsch passed away at the age of 86. AT&S is losing its Chairman of the Supervisory Board – and so much more. When Dr. Hannes Androsch took over AT&S, the Styrian printed circuit board company, from Austrian Industry Holding AG (ÖIAG) with Willibald Dörflinger and Helmut Zoidl back in 1994, AT&S had 939 employees. Today, three decades later, 13,500 people work for AT&S around the world.

 

They are now mourning the loss of their Chairman of the Supervisory Board, who was active until recently. The Supervisory Board reacted to the news immediately after it was announced: "The death of Dr. Hannes Androsch hits the AT&S family with great hardship, as he shaped the company with his visions and ideas over many decades as Chairman of the Supervisory Board. His work is both a foundation and a guide for the future, and the Supervisory Board would like to say thank you for this. Our thoughts in these hours and days are with those whom Dr. Hannes Androsch leaves behind. We will always remember him, and his legacy is an incentive to continue to lead AT&S with great responsibility in these difficult economic times."

 

The AT&S Management Board expresses its respect and esteem for Androsch's work as follows: "The rise of AT&S to become one of the world's leading manufacturers of high-quality IC substrates and printed circuit boards with production facilities in Austria, China, India, Korea and soon in Malaysia would be inconceivable without Hannes Androsch’s unshakeable belief in the company and its employees. Androsch was known far beyond Austria and Europe, also thanks to his willingness to take on social responsibility."

 

When the groundbreaking ceremony for the new microelectronics plant with adjoining research and development center in Leoben Hinterberg was held in the presence of high-ranking politicians in March 2022, Supervisory Board Chairman Androsch said: “AT&S is deeply rooted in Leoben. This is where the success story began, from a small company in Styria to a global technology leader.” Androsch always took setbacks as an incentive for reorientation, and success as motivation to get even better. Thus, he saw the challenging situation in which the company currently finds itself as an opportunity.

 

For decades, Androsch found his greatest task in promoting education and research. The former politician tirelessly pushed for the digitalization and advancement of Austria as a business location. He fought for research funding and called for reforms in the education system, for example by initiating the "Education Referendum" in 2011. His continuous endeavors were recognized in many ways: from 2003 to 2013, he served as the Chairman of the University Council of the University of Leoben. From 2005 to 2020 he was a member of the Senate of the Austrian Academy of Sciences, from 2007 to 2021 Chairman of the Supervisory Board of the Research Institute AIT (Austrian Institute of Technology GmbH) and from 2010 to 2020 Chairman of the Council for Research and Technology Development. He was an Honorary Senator of the Vienna University of Economics and Business, of TU Wien and TU Graz and held an honorary doctorate of the University of Leoben, the University of Salzburg, the University of Law in Bratislava and the University of New Orleans in the USA. Hannes Androsch embodied entrepreneurial spirit throughout his life. He will be remembered by AT&S. 

 

 

AT&S Austria Technologie & Systemtechnik Aktiengesellschaft – Advanced Technologies & Solutions

AT&S is a leading global manufacturer of high-end IC substrates and printed circuit boards. AT&S industrializes leading-edge technologies for its core business segments Mobile Devices & Substrates, Automotive & Aerospace, Industrial and Medical and high-performance computing for VR and AI applications. AT&S has a global presence with production sites in Austria (Leoben, Fehring) and plants in India (Nanjangud), China (Shanghai, Chongqing) and Korea (Ansan near Seoul). A new high-end production site for IC substrates is currently being established in Malaysia (Kulim). In Leoben, a European competence center including series production for IC substrate technologies is being built. Both sites will start production in the financial year 2024/25. The company currently employs 13,500 people. For further information please visit www.ats.net

 

 

 



12.12.2024 CET/CEST This Corporate News was distributed by EQS Group AG. www.eqs.com


Language: English
Company: AT&S Austria Technologie & Systemtechnik AG
Fabriksgasse 13
8700 Leoben
Austria
Phone: +43 (1) 3842200-0
E-mail: ir@ats.net
Internet: www.ats.net
ISIN: AT0000969985, AT0000A09S02
WKN: 922230
Indices: ATX
Listed: Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange; Vienna Stock Exchange (Official Market)
EQS News ID: 2049523

 
End of News EQS News Service

2049523  12.12.2024 CET/CEST

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Boersengefluester.de (BGFL) provides an overview of the key figures on sales, earnings, cash flow and dividends to help you better assess the fundamental development of the respective companies. All information is entered manually in our database - the source is the respective annual reports. All estimates for future figures are provided by BGFL.

The most important financial data at a glance
  2018 2019 2020 2021 2022 2023 2024e
Sales1 1.027,98 1.000,58 1.188,22 1.589,87 1.791,34 1.549,78 1.525,00
EBITDA1,2 250,10 194,53 245,66 349,53 416,72 307,49 380,00
EBITDA-Margin3 24,33 19,44 20,68 21,99 23,26 19,84 24,92
EBIT1,4 117,21 47,40 79,76 126,46 146,24 31,12 45,00
EBIT-Margin5 11,40 4,74 6,71 7,95 8,16 2,01 2,95
Net Profit (Loss)1 86,95 21,46 47,42 103,29 136,64 -36,69 18,00
Net-Margin6 8,46 2,15 3,99 6,50 7,63 -2,37 1,18
Cashflow1,7 170,53 185,12 184,65 713,19 476,37 653,38 0,00
Earnings per share8 2,08 0,34 1,01 2,39 3,03 -1,39 0,46
Dividend per share8 0,60 0,25 0,39 0,90 0,40 0,00 0,00
Quelle: boersengefluester.de and Company information
Explanation

1 in Mio. Euro; 2 EBITDA = Earnings before interest, taxes, depreciation and amortisation; 3 EBITDA in relation to sales; 4 EBIT = Earnings before interest and taxes; 5 EBIT in relation to sales; 6 Net profit (-loss) in relation to sales; 7 Cashflow from operations; 8 in Euro; Source: boersengefluester.de

Auditor: Deloitte

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INVESTOR-INFORMATION
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AT & S
WKN ISIN Legal Type Marketcap IPO Recommendation Plus Code
922230 AT0000969985 AG 417,25 Mio € 16.07.1999 8FVQ9358+8J
* * *
PE 2025e PE 10Y-Ø BGFL-Ratio Shiller-PE PB PCF KUV
14,32 16,04 0,89 10,24 0,43 0,64 0,27
Dividends
Dividend '2022
in €
Dividend '2023
in €
Dividend '2024e
in €
Div.-Yield '2024e
in %
0,40 0,00 0,00 0,00%
Financial calendar
Annual General Meeting Q1-figures Q2-figures Q3-figures Annual press conference
03.07.2025 01.08.2024 31.10.2024 04.02.2025 05.06.2025
Performance
Distance 60-days-line Distance 200-days-line Performance YtD Performance 52 weeks IPO
Last Price (EoD)
-4,11%
10,74 €
ATH 57,60 €
-35,42% -41,93% -58,82% -58,60% -14,08%

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