EANS-Adhoc: A-TEC Industries AG
Results for the Financial Year 2009
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
29.04.2010
Highlights Year-end 2009 order backlog 35.4% down year on year at EUR 2.1 billion (bn) (30 September 2009: EUR 2.4bn), depressed by weak order intake, especially in the Plant Construction Division Revenue down by 8.0% to EUR 2,995.1 million (m) due to slack investment owing to the economic crisis Group EBITDA more than doubled to EUR 211.2m (2008: EUR 77.3m), lifted by solid operating performance and early adjustments of the cost base Surge in EBIT to EUR 143.1m (2008: EUR 19.4m) driven by strong performance by the Plant Construction and Minerals & Metals divisions; EBIT margin 4.8% (2008: 0.6%) Earnings before tax (EBT) for 2009 positive by EUR 88.3m following a loss of EUR 12.3m in 2008 Consolidated profit for the year of EUR 53.7m (2008: consolidated loss of EUR -33.7m) Fall in revenue to some EUR 2.7bn and an EBIT margin of around 3% expected in 2010, owing to the fall-off in order intake in 2009 and anticipated slow economic growth this year
Group Results FY 2009 FY 2008 % change A-TEC Group (EUR m)
Revenue 2,995.1 3,256.9 -8.0 EBITDA 211.2 77.3 173.2 EBIT 143.1 19.4 637.6 EBIT margin 4.8% 0.6% EBT 88.3 -12.3 - Consolidated profit/loss 53.7 -33.7 -
Order intake 1,345.6 3,583.7 -62.5 Order backlog (as at 31 December) 2,108.3 3,263.9 -35.4
Investments* 68.5 130.1 -47.3 Employees** (as at 31 December) 11,883 12,989 -8.5
* Investment comprises additions to intangible assets, and property, plant and equipment. ** Full-time employees including apprentices and staff at discontinued operations.
The annual financial report 2009 of A-TEC Industries AG can be downloaded from the internet at www.a-tecindustries.com under Investor Relations.
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