A-TEC Industries AG

euro adhoc: A-TEC Industries AG
Financial Figures/Balance Sheet
Final Financial Results 2007 of A-TEC Industries

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annual report/Annual Financial Report 2007


Vienna, 9 June 2008: A-TEC Industries AG (ISIN AT00000ATEC9) is announced the final results of the A-TEC Industries Group for the 2007 financial year today. Highlights - Revenue for 2007 was up by 48.1% to EUR 2,361.0 million (m). - EBITDA rose by 32.8 % to EUR 166.3m - EBIT rose by 1.4% from EUR 92.0m to EUR 93.3m; the EBIT margin edged down to 4.0% (2006: 5.8%). - EUR 29.0m in impairments of goodwill and intangible assets was recognised in the Drive Technology Division. This has no impact on operational performance or the liquidity of the Company. - Profit before tax was EUR 49.2m (2006: EUR 78.6m) - Consolidated profit for the year before results from discontinued operations fell by 48.5% to EUR 45.1m - Consolidated profit for the year dropped from EUR 80.3m in the previous year to EUR 27.7m - Net debt was up by EUR 481.6m to EUR 548.5m and net gearing 138.4% (31 Dec. 2006: 21.0%) at year end 2007. When adjusted for the block of shares in Cumerio which has already been sold and the part-sale of the shares in Norddeutsche Affinerie net gearing falls currently below 60%.

Group financial highlights          FY 2007         FY 2006*                  %
                                                        EUR m              EUR m          change

Revenue                                         2,361.0          1,594.4              48.1
EBITDA                                              166.3              125.2              32.8
Earnings before interest                  93.3                92.0                1.4
and tax (EBIT)
EBIT margin                                        4.0%                5.8%
Earnings before tax (EBT)                 49.2                78.6            -37.4
Consolidated profit for
the year before result from              45.1                87.5            -48.5
discontinued operations
Consolidated profit for the year      27.7                80.3            -65.5

Order intake                                 1,938.8          1,775.0                9.2
Order book)                                  2,322.6          1,521.7              52.6
(as at end of December
Investment**                                      71.1                73.7              -3.5
Head count (as at end of December)13,708            10,720              27.9

* Comparative period adjusted for construction contracts and the recognition of deferred tax liabilities ** Investments consist of additions to intangible assets, property, plant and equipment

Please find the annual financial report (in German only) on our website www.a-tecindustries.com The English version of the annual financial report will be published on the A-TEC website as of end of June 2008.

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

Further inquiry note:
Investor relations contact:
Gerald Wechselauer
Phone:  +43 1 22760 - 130
Email: gerald.wechselauer@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
Index:    ATX Prime
Börsen:  Wiener Börse AG / Regulated free trade

Weitere Meldungen: A-TEC Industries AG

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