euro adhoc: A-TEC Industries AG
Financial Figures/Balance Sheet
A-TEC
Industries: Final results for the divisions and preliminary results for the
group of the financial year 2007
Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement.
annual report/Report 2007
29.04.2008
Highlights: - Results for the four operating divisions are final; consolidated results for the 2007 financial year are still provisional. - New announcement date for the consolidated results and publication date for the annual report is the end of May at the latest. - Revenue for 2007 was up by 48.1% to EUR 2,361.0 million (m). - EBITDA rose by 35.1 % to EUR 169,2m - EBIT rose by 4.6% from EUR 92.0m to EUR 96.2m; the EBIT margin edged down to 4.1% (2006: 5.8%). - EUR 29.0m in impairments of goodwill and intangible assets recognised in the Drive Technology Division. This has no impact on operational performance or the liquidity of the Company. - Profit before tax was EUR 51.7m (2006: EUR 78.6m) - Net debt was up by EUR 493.8m to EUR 559.8m as at year end 2007 - Due to the decline in the equity ratio the Management Board does not anticipate payment of a dividend. The final decision on this will be taken by the Annual General Meeting. - Numerous large international contract wins by the Plant Construction Division led to record order backlog of EUR 2,320m as at year end (2006: EUR 1,578m). - The takeovers of Gindre Duchovany, Dörries Scharmann Technologie, Laurence Scott & Electromotors, Deltak and Lentjes extended our successful acquisition strategy. - Management is forecasting revenue of about EUR 3bn and an EBIT margin of at least 5% for 2008
Key figures 4Q 4Q change FY FY change A-TEC Industries 07 06 % 2007 2006 % (Mio. EUR) Revenue 768.0 505.8 51.8 2,361.0 1,594.4 48.1 EBITDA 63.5 17.1 271.3 170.8 108.1 35.1 EBIT 20.7 7.0 195.7 96.2 92.0 4.6 EBIT margin 2.7% 1.4% 4.1% 5.8% EBT 2.5 3.8 -34.2 51.7 78.6 -34.2
Order intake 346.4 462.4 -25.1 1,934.7 1,775.0 9.0 Order backlog (as of end of December) 2,320.1 1,577.5 47.1
Investment* 32.6 31.1 4.8 74.0 60.8 21.7 Employees (as of end of December) 13,708 10,720 27.9
*) Investments consist of additions to intangible assets, property, plant and equipment
end of announcement euro adhoc
Further inquiry note:
Investor relations contact:
Gerald Wechselauer
Phone: +43 1 22760 - 130
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
Tel. +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