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Based on the business development in the first quarter of the current year, the positive outlook for the coming months and taking into account seasonal effects in the fourth quarter of the current financial year 2018/19, the management has increased the forecast for revenue and earnings.
The very good business development is essentially attributable to higher revenue from the plants in Chongqing, which were in part still in the start-up phase in the previous year, as well as to measures to improve efficiency and productivity. In addition, the superior product portfolio for IC substrates (for example server applications) contributes to the increase in earnings.
As a result, AT&S now has the following expectations for the financial year 2018/19: based on stable exchange rates, the management expects revenue growth of 6 to 8% (previously up to 6%) and an EBITDA margin in the range of 24 to 26% (previously up to 23%) for the financial year 2018/19.
Patty Goldman, I-Connect007
During a full day at IMPACT 2018, I had a chance to speak with American Standard Circuits’ founder and chairman Gordhan Patel. We had much to talk about after listening to several speakers from the departments of Defense and Education, and the International Trade Administration.
This new book by Stephen Denning addresses the issue of change and adaptability like no other book I have read thus far…and I read a lot of business books! Centering on meeting the challenges of new and often changing business environments and how to meet them, the author’s focus on agility runs from the power of smaller teams that are focused on solving problems quickly while eschewing the normal bureaucratic road blocks that have been in place for decades.
If you wait for a Tom Peters book the way some people (myself included) wait for a new Stephen King novel, then you’re in luck because Tom finally has a new book and it’s a winner. This book covers a myriad of topics in pure Tom Peters fashion. Who but Peters could bring good old meat and potatoes common sense logic to this fast-moving new world order of social media and techno faux-communications?