AT&S AG : No capital increase, but medium-term sales guidance reduced by ~11% - target price of € 17 and Underperform rating maintained
>No capital increase, offers for Ansan plant - AT&S announced Friday it had decided not to carry out a capital increase in the short term and that talks with potential investors had been shelved. To recap, AT&S had announced in November 2023 it was considering a capital increase of up to 50% of its capital (~€ 550m) and was in negotiations with the Austrian sovereign fund OBÄG for a potential stake of >25%. To obtain additional cash, AT&S is now instead looking to sel...AT&S Austria Technologie und Systemtechnik is engaged in the production of printed circuit boards. Co. has three core printed circuit board businesses: Mobile Devices, Automotive and Industrial. Co.'s product assortment ranges from single and double-sided printed circuit boards to multilayer, flexible and rigid, insulated metallic substrate, nucleus, to laser drilled circuit boards. Co.'s products are used as electromechanical linking elements, mainly in the telecommunication sector, automobile industry and medical technology applications, defense and aerospace.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.