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
30.04.2008 – 08:07
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