A-TEC Industries AG

euro adhoc: A-TEC Industries AG
Financial Figures/Balance Sheet
A-TEC Industries Financial Report First Half of 2008

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6-month report/Report First Half 2008

18.08.2008

Highlights

- Revenue up by 67.2% to EUR 1,622.4 million (m), driven by strong growth across three divisions. - EBITDA up by 39.6% year on year to EUR 92.3m. Growth lower than revenue due to high capacity utilisation in Plant Construction resulting from major projects with a high proportion of bought-in components, and to the reduced contribution to EBITDA of the Minerals & Metals division in the second quarter of 2008. - Earnings before interest and tax (EBIT) up by 42.5% to EUR 66.4m; EBIT margin down to 4.1% (H1 2007: 4.8%). - Earnings before tax and profit for the period significantly higher at EUR 62.7m (H1 2007: EUR 34.9m) and EUR 46.2m (H1 2007: EUR 36.2m), respectively. - Net debt down from EUR 548.5m at year end 2007 to EUR 320.7m as at 30 June 2008. Net gearing reduced to 72.8% (31 December 2007: 138.4%). - Sale of 1.7 million shares in Norddeutsche Affinerie (NA) in the second quarter of 2008 and dividend income from the holding of EUR 4.0m. Remaining stake of 2.0 million shares disposed of at the start of the third quarter of 2008. - Order intake and backlog still at high levels, at EUR 1,548.1m (H1 2007: EUR 1,034.7m) and EUR 2,586.9m (30 June 2007: EUR 1,953.2m), respectively. - Start of share buyback program and Outlook for the 2008 financial year upgraded in light of increased revenue expectations.

Key figures                  2Q      2Q    change         1HY         1HY  change
A-TEC Industries          08      07            %          08          07          %
(Mio. EUR)
Revenue                    841.0 517.7        62.3  1,622.4      970.3      67.2
EBITDA                        40.3  43.8        -8.1        92.3        66.1      39.6
EBIT                          27.2  33.3      -18.3        66.4        46.6      42.5
EBIT margin                3.2%  6.4%                      4.1%        4.8%
EBT                            29.0  27.3         6.3        62.7        34.9      79.7
Net income                 21.7  32.1      -34.0        46.2        36.2      27.6

Order intake            834.6 570.4        50.0  1,548.1  1,034.7      49.6
Order backlog (as of end of June)              2,586.9  1,953.2      32.4

Investment*                14.4  15.5        -7.3        36.8        27.8      32.3
Employees (as of end of June)                      13,887    10,825      28.3

For more details please read our Financial Report First Half of 2008 on our website under www.a-tecindustries.com

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ots Originaltext: A-TEC Industries AG
Im Internet recherchierbar: http://www.presseportal.ch

Further inquiry note:
IR contact:
Gerald Wechselauer
Head of Investor Relations
Phone:  +43 1 22760 - 130
Email: gerald.wechselauer@a-tecindustries.com

PR contact:
Claudia Müller-Stralz
Pleon Publico Public Relations & Lobbying
Tel.: +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



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