euro adhoc: A-TEC Industries AG
Financial Figures/Balance Sheet
Results for
the first nine months 2007
Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement.
9-month report/3Q 07 results
14.11.2007
Highlights: - A-TEC Industries Group´s revenue for first three quarters of 2007 up 46.3% year on year, to EUR 1,593.0m - High copper prices in the third quarter of 2006 led to an increase in the value of the Metal Industry Division´s inventories of EUR 26.4m - EBITDA declined by 2.2% to EUR 105.7m due to higher material costs - EBIT for the first three quarters fell from EUR 85.0m to EUR 75.5m; the EBIT margin narrowed from 7.8% to 4.7% - Earnings before tax and profit for the period after minorities fell to EUR 49.2m (Q1-3 2006: EUR 74.8m) and EUR 41.5m (Q1-3 2006: EUR 79.1m) respectively - Net debt increased by EUR 476.0m from year end 2006 to EUR 542.9m at the end of September 2007 - Contract award for a large-scale coal-fired power station in Germany and shortlisting as preferred bidder for a combined cycle power station in Turkey - Acquisitions of Dörries Scharmann Technologie and Chinese boilermaker Deltak Power Equipment concluded in mid October 2007 - Management´s outlook for A-TEC Industries Group for 2007 remains unchanged
Key figures 3Q 3Q change 1-9M 1-9M change A-TEC Industries 07 06 % 07 06 % (Mio. EUR) Revenue 622.7 428.9 45.2 1,593.0 1,088.6 46.3 EBITDA 39.6 76.5 -48.3 105.7 108.1 -2.2 EBIT 28.9 62.5 -53.7 75.5 85.0 -11.2 EBIT margin 4.6% 14.6% 4.7% 7.8% EBT 14.3 60.2 -76.2 49.2 74.8 -34.2 Net income 5.3 68.1 -92.2 41.5 79.1 -47.6
Order intake 553.6 592.1 -6.5 1,588.3 1,312.6 21.0 Order backlog (as of end of September) 2,049.7 1,514.4 35.3
Investment* 16.3 14.9 9.4 41.4 29.7 39.4 Employees (as of end of September) 11,632 11,151 4.3
*)Investments consist of additions to intangible assets, property, plant and equipment
For further details visit our website under www.a-tecindustries.com
end of announcement euro adhoc 15.11.2007 07:27:00
Further inquiry note:
A-TEC INDUSTRIES AG
Wächtergasse 1
A-1010 Wien
Contact Investor Relations:
Gerald Wechselauer
Head of Investor Relations
Phone: +43 1 22760 - 130
Mobile: +43 (0)664 6104475
Email: gerald.wechselauer@a-tecindustries.com
Press contact:
Claudia Müller-Stralz
Pleon Publico Public Relations & Lobbying
Phone: +43-1-71786-107
E-Mail: claudia.mueller@pleon-publico.at
Branche: Holding companies
ISIN: AT00000ATEC9
WKN:
Index: ATX Prime
Börsen: Wiener Börse AG / Regulated free trade