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A-TEC Industries AG

euro adhoc: A-TEC Industries AG
Financial Figures/Balance Sheet
A-TEC Industries: Results for the first quarter 2008

  Disclosure announcement transmitted by euro adhoc. The issuer is responsible
  for the content of this announcement.
3-month report/1Q 08
14.05.2008
Highlights  - Increase of 72.9% in consolidated revenue to EUR 781.4 
million (m), driven by all four divisions. - EBITDA more than doubled
to EUR 51.7m (Q1 2006: EUR 22.3m), mainly reflecting a sharp rise in 
the earnings contribution of the Minerals & Metals Division. - 
Earnings before interest and tax (EBIT) amounted to EUR 38.6m (Q1 
2007: EUR 13.3m). EBIT margin widened from 2.9 % to 4.9 %. - Earnings
before tax (EBT) surged by 327.6% to EUR 32.5m - High copper prices 
in the first quarter of 2008 led to inventory write-ups of EUR 9.4m 
in the Minerals & Metals Division. - The takeover offer by 
Norddeutsche Affinerie AG (NA) values the 25% holding in Cumerio S.A.
at EUR 30 per share; the German Federal Cartel Office ordered A-TEC 
to resell its 13.75% interest in NA. Consequently net debt was 
reduced by about EUR 235m so far. - A number of large contract wins 
by the Plant Construction Division and the continued strong demand 
encountered by the other divisions led to record order intake and 
backlog. - Management´s guidance for 2008 remains unchanged.
Key figures                   Q1 2008    Q1 2007*      change in %
A-TEC Industries AG
(EUR m)
Revenue                         781.4      452.0              72.9
EBITDA                           51.7       22.3             131.8
Operating income(EBIT)           38.6       13.3             190.2
EBIT-Margin                     4.9 %      2.9 %
Earnings before taxes            32.5        7.6             327.6
Order intake                    713.5      478.4              49.1
Order book                    2,570.0    1,719.9              49.4
(as at end of March)
Investment**                     22.4       12.3              82.1
Head count)                    13,339     11,110              20.1
(as at end of March)
*) Comparative period adapted by changes of discontinued operations 
**) Investments consist of additions to intangible assets, property, 
plant and equipment
For more details visit our website under www.a-tecindustries.com
end of announcement                               euro adhoc

Further inquiry note:

Investor relations contact:
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
A-TEC Industries AG Press Office
Pleon Publico, Neulinggasse 37, A-1030 Vienna, Austria
Phone +43 (0)1 71786 direct dial 107
claudia.mueller@pleon-publico.at

Branche: Holding companies
ISIN: AT00000ATEC9
WKN:
Index: ATX Prime
Börsen: Wiener Börse AG / Regulated free trade

Weitere Storys: A-TEC Industries AG
Weitere Storys: A-TEC Industries AG