A-TEC Industries AG

euro adhoc: A-TEC Industries AG
Financial Figures/Balance Sheet
Preliminary Report for the Financial Year 2008

-------------------------------------------------------------------------------- Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement. -------------------------------------------------------------------------------- quaterly report/FY 2008 06.03.2009 Highlights: - Record Group order intake and backlog at EUR 3,583.7 million (m) (2007: EUR 2,060.4m) and EUR 3,263.9m (31 Dec. 2008: EUR 2,371.2m), respectively. - Preliminary Group revenue up by 41.0% to EUR 3,256.9m. - Group earnings distorted by negative revaluation effects, concealing true operational strength; EUR 87.6m of negative remeasurement effects related to the Minerals & Metals Division. - Additional non-recurring effects in the Drive Technology Division (EUR -11.7m) and a EUR 9.6m positive one-time effect in the Plant Construction Division recognised. - Underlying preliminary earnings before interest and tax (EBIT) adjusted for non-recurring effects EUR 108.6m (2007: EUR 64.1m); adjusted EBIT margin 3.3% (2007: 2.8%). Preliminary EBIT down by 73.2% to EUR 18.9m (2007: EUR 70.4m). - Net finance costs down due to reduced net debt, but impacted by negative currency effects; preliminary losses before tax EUR 12.4m (2007: EUR +28.9m). - Net debt down to EUR 288.1m at year end 2008 (31 Dec. 2007: EUR 543.8m). - 1,503,127 treasury shares (5.7% of share capital) held at year end 2008; sold to Capital und Industrie Investment for EUR 6.29 per share on 4 February 2009. - Revenue of around EUR 3 billion (bn) and EBIT margin of approx. 3% realistic unless there is a further dramatic deterioration of trading conditions in 2009. Preliminary figures 4Q 4Q change FY 2008 FY 2007* change A-TEC Industries 08 07* % % (Mio. EUR) Revenue 867.6 752.2 15.3 3,256.9 2,310.1 41.0 EBITDA -37.2 37.4 - 76.4 140.1 -45.5 EBIT -56.3 -2.7 >1,000 18.9 70.4 -73.2 Adjusted EBIT** 108.6 64.1 94.8 Adj. EBIT margin** 3.3% 2.8% EBT -67.2 -20.4 -229.4 -12.4 28.9 - Order intake 793.7 687.0 15.6 3,583.7 2,060.4 73.9 Order backlog (as of end of Dec.) 3,263.9 2,371.2 37.6 Investment*** 73.0 29.7 145.8 128.2 71.1 80.3 Employees (as of end of Dec.) 12,989 13,708 -5.2 Outlook for 2009 A-TEC Industries expects the financial crisis to have a significant impact on the real economy in 2009. Due to increased forecasting uncertainties our guidance is also subject to a wider margin of uncertainty than usual. Management anticipates revenue of around EUR 3bn in 2009, excluding any acquisitions. The EBIT margin should be about 3%. This outlook is on the assumption that there will be no further dramatic deterioration in economic conditions in the main markets served by A-TEC Industries. * Adjusted for ATB Selni and for two small Lindeteves-Jacoberg Group companies (LJE and LPI) which are classified as held for sale under IFRS 5, as well an adjustment to LSE´s order books. ** Underlying EBIT is defined as EBIT adjusted for non-recurring effects. *** Investment comprises additions to property, plant and equipment, intangible assets and financial assets. For more details please read our Financial Report for the First Nine Months of 2008 on our website under www.a-tecindustries.com end of announcement euro adhoc -------------------------------------------------------------------------------- ots Originaltext: A-TEC Industries AG Im Internet recherchierbar: http://www.presseportal.ch Further inquiry note: Investor Relations Contact: Gerald Wechselauer A-TEC Industries Investor Relations Phone: +43 1 22760 - 130 Email: ir@a-tecindustries.com Press Contact: A-TEC Industries AG Press Office 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

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