EANS-Adhoc: A-TEC Industries AG / A-TEC Industries significantly downgrades EBIT margin guidance for 2010

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ad-hoc disclosure transmitted by euro adhoc with the aim of a Europe-wide
distribution. The issuer is solely responsible for the content of this
announcement.
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14.10.2010

Vienna, 14 October 2010 - Management is downgrading its announced outlook for
the EBIT margin in 2010 to about minus 1%. The main reason for this is cost
overruns on an Australian power station project being executed by the Plant
Construction Division. The revenue forecast of about EUR 2.7 billion announced
in the interim report for the first half of 2010 remains in place.

To the best of management´s knowledge the losses incurred due to the Australian
power station project will only result in a one-time charge, taken in the
current financial year, and no further costs are anticipated in 2011, meaning
that the EBIT margin should return to about 3%.

The Plant Construction Division´s bidding performance has maintained the
improvement seen since the start of the current quarter. A number of contracts
for energy and environmental technology are about to be awarded. The long-term
nature of the projects in question means that firm orders secured now will not
affect profits until the second half of 2011.

Further inquiry note:
Investor Relations
Gerald Wechselauer
Phone: +43 1 22760 - 130
Email: [email protected]

Press Office A-TEC Industries AG
Claudia Müller-Stralz
Pleon Publico Public Relations & Lobbying
Phone: +43-1-71786-107
E-Mail: [email protected]
end of announcement euro adhoc
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issuer:      A-TEC Industries AG
             Wächtergasse  1
             A-1010 Wien
phone:       +43 1 22760
FAX:         +43 1 22760-160
mail:        [email protected]
WWW:         http://www.a-tecindustries.com
sector:      Holding companies
ISIN:        AT00000ATEC9
indexes:     ATX Prime

stockmarkets: Regulated free trade: Wien
language: English

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