$ATS (+2,88%)

📌 Key Highlights

• Agreements with AMD and another leading technology company for additional AI and HPC substrate capacity

• Expansion of production at the existing plant as well as at the previously unused second plant in Kulim, Malaysia

• Planned investments of €1.5B–€2.0B fully supported and financed by long-term customer contracts

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🎯 𝐀𝐮𝐬𝐛𝐥𝐢𝐜𝐤

• Revenue growth for 2026/27 now expected to be 45–55% (previously 30–35%)

• EBITDA margin now expected to be 32–37% (previously 25–29%)

• Investments rising to €1.0B–€1.2B (previously €400M)

• Significantly positive operating free cash flow expected

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💬 𝐌𝐚𝐧𝐚𝐠𝐞𝐦𝐞𝐧𝐭

• Capacity expansion is driven by continued strong demand for AI infrastructure and advanced packaging

• Expansion is secured by long-term customer commitments