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AT & S, maker of printed circuit boards in Styria, has increased its sales and profit forecasts for the current year 2018/19.
9:17 pm, October 23, 2018
The Group highlights the strength of the first quarter (end of June) and the positive outlook for the coming months. "The very good business development is mainly due to the increased sales of the Chongqing factories, which were still partially in the start-up phase of the same period of the previous year, as well as to measures of Improved efficiency and productivity, "the statement said. In addition, a portfolio of higher value-added products, such as server applications, contributes to revenue growth.
On the basis of stable exchange rates, management now expects a turnover growth of 6 to 8% (up to 6% previously) and an EBITDA margin of $ 9 million. order of 24 to 26% (up to 23% previously) for the 2018/19 financial year.
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