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AT & S Austria Technologie & Systemtechnik (ATS) investor relations material
AT & S Austria Technologie & Systemtechnik Q2 2027 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Record Q2 revenue of €681.9m, up 52.4% YoY; EBITDA was €244.0m, EBIT €153.0m and profit €125.4m.
H1 revenue rose 45.4% to €1,230.6m and EBITDA increased to €409.0m; FY guidance was confirmed.
Financial highlights
Q2 EBITDA margin reached 35.8% versus 23.3% YoY; EPS was €3.05 versus a loss of €0.31.
H1 EBITDA margin was 33.2%; EBIT was €226.4m versus €0m, and profit was €166.2m versus a €63.5m loss.
Q2 revenue grew 52% YoY and 23% QoQ; H1 growth was 45.4% reported and 46% at constant currency.
More than 30% of Q2 growth was volume-driven, led by high-performance computing and Microelectronics; pricing and improved mix also contributed.
New customer agreements contributed €35m directly to Q2 P&L, adding a high-single-digit percentage to growth.
Outlook and guidance
FY 2026/27 guidance confirmed: constant-currency revenue growth of 45–55%, EBITDA margin of 32–37%, net CAPEX of ~€1.0–1.2bn and net debt/EBITDA below 2.
Positive operating free cash flow is expected for the full year; spending is weighted to H2.
Electronics Solutions expects significant YoY growth acceleration in H2; expansion projects are expected to contribute increasingly from next year.
Guidance depends on supply, geopolitical conditions and currency developments.
- Revenue up 37.5%, EBITDA up 133.7%, strong outlook and improved capital structure.ATS
Q1 2027 - Guidance targets ~50% revenue growth and higher margins, fueled by AI-driven substrate demand.ATS
Investor update - Strong FY 2025/26 results and robust AI-driven growth set the stage for higher profitability.ATS
Investor presentation - Revenue up 21% YoY, EBITDA margin 23.3%, strong outlook and major expansion plans.ATS
Q4 2026 - Strong growth in high-end electronics and substrates, with AI and efficiency gains fueling expansion.ATS
Austrian Select Conference - Revenue up 10% to €1.314B, EBITDA margin 23%, strong outlook despite FX and supply risks.ATS
Q3 2026 - Revenue and earnings fell, guidance lowered, cost-saving and asset sale measures ongoing.ATS
Q2 2025 - Adjusted EBITDA margin rose to 27.6% despite revenue decline and net loss.ATS
Q1 2025 - Revenue up 3%, adjusted EBITDA margin at 25.7–26%, profit lifted by Korea plant sale.ATS
Q4 2025
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Next AT & S Austria Technologie & Systemtechnik earnings date
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