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A-TEC Industries AG

EANS-Adhoc: A-TEC Industries AG
A-TEC Industries significantly downgrades EBIT margin guidance for 2010

  ad-hoc disclosure transmitted by euro adhoc with the aim of a Europe-wide
  distribution. The issuer is solely responsible for the content of this
  announcement.
Company Information/Outlook 2010
14.10.2010
Vienna, 14 October 2010 - Management is downgrading its announced 
outlook for the EBIT margin in 2010 to about minus 1%. The main 
reason for this is cost overruns on an Australian power station 
project being executed by the Plant Construction Division. The 
revenue forecast of about EUR 2.7 billion announced in the interim 
report for the first half of 2010 remains in place.
To the best of management´s knowledge the losses incurred due to the 
Australian power station project will only result in a one-time 
charge, taken in the current financial year, and no further costs are
anticipated in 2011, meaning that the EBIT margin should return to 
about 3%.
The Plant Construction Division´s bidding performance has maintained 
the improvement seen since the start of the current quarter. A number
of contracts for energy and environmental technology are about to be 
awarded. The long-term nature of the projects in question means that 
firm orders secured now will not affect profits until the second half
of 2011.
end of announcement                               euro adhoc

Further inquiry note:

Investor Relations
Gerald Wechselauer
Phone: +43 1 22760 - 130
Email: ir@a-tecindustries.com

Press Office A-TEC Industries AG
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: Wien / Regulated free trade

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