EQS-News: AT&S prepares for the upcoming market recovery despite a challenging environment
Plant 2 is wind and water tight and as soon as an improvement in the market environment becomes foreseeable, the necessary steps will be initiated to ramp up this plant.
- Plant 2 is wind and water tight and as soon as an improvement in the market environment becomes foreseeable, the necessary steps will be initiated to ramp up this plant.
- However, it must generally be noted that the market for notebooks is highly volatile and subject to significant quarterly fluctuations.
- AT&S expects the market environment to remain challenging with continued price pressure in the fourth quarter of the financial year 2023/24, and persisting high volatility and low visibility.
- The management is planning investments totalling up to € 1.1 billion for the financial year 2023/24 depending on the market environment and progress of projects.