)

AT & S Austria Technologie & Systemtechnik (ATS) investor relations material
AT & S Austria Technologie & Systemtechnik Q1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Executive summary
Revenue and EBITDA increased year-over-year in Q1, with stable EBITDA margin and positive cash flow, but net loss widened due to FX and ramp-up costs.
High-volume production started at new facilities in Kulim and Leoben, supporting future growth in IC substrates.
Cost-saving and efficiency programs delivered €45 million in Q1, targeting €130 million for the year.
Market growth in PCBs (8%) and IC substrates (10%) in USD, driven by AI investments and strong customer engagement.
FX effects and price pressure offset some topline gains, impacting earnings and equity.
Financial highlights
Q1 revenue rose 14% year-over-year to €399 million; EBITDA up 9% to €71 million, margin stable at 18%.
Net loss increased to €56 million, mainly due to FX and ramp-up costs.
Operating free cash flow improved to €130 million from negative prior year; net CAPEX reduced by over 40%.
Net debt/EBITDA ratio improved to 2.3x; equity ratio declined to 19.4% due to FX.
Cash and cash equivalents increased to €772 million; liquidity remains solid at €924 million including credit lines.
Outlook and guidance
H1 2025/26 revenue expected at €820 million with EBITDA margin around 20%; net CAPEX planned at €110 million.
Full-year guidance pending due to US tariff and FX uncertainty.
Midterm guidance unchanged: revenue €2.1–2.4 billion, EBITDA margin 24–28%, ROCE near 12%, net debt/EBITDA <3x.
Equity ratio may temporarily fall below 20%.
Next AT & S Austria Technologie & Systemtechnik earnings date

Next AT & S Austria Technologie & Systemtechnik earnings date

The essential earnings season companion
The #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
)
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
)
I can't remember the last time an app had such a positive impact on my investment process.
)
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
)
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
)
I can't remember the last time an app had such a positive impact on my investment process.
)
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
)
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
)
)
)
)
Frequently asked questions
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Explore our global coverage