• 30.04.2008, 08:06:12
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  • OTE0004

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 (E)

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Disclosure announcement transmitted by euro adhoc. The issuer is responsible
for the content of this announcement.
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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

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

end of announcement euro adhoc
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emitter: A-TEC Industries AG
Wächtergasse 1
A-1010 Wien
phone: +43 1 22760
FAX: +43 1 22760-160
mail: office@a-tecindustries.com
WWW: http://www.a-tecindustries.com
sector: Holding companies
ISIN: AT00000ATEC9
indexes: ATX Prime
stockmarkets: Regulated free trade: Wiener Börse AG
language: English

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