AT&S World
AT&S World
AT&S World
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Investor Relations<br />
34<br />
Investor Relations<br />
AT&S secures<br />
coveted IVA-DAVID<br />
Award for IR activities<br />
Basis information<br />
AT&S share<br />
Security ID<br />
number 969985<br />
ISIN code AT0000969985<br />
Symbol ATS<br />
Reuters RIC ATSV.VI<br />
Bloomberg ATS AV<br />
Listing Vienna Stock<br />
Exchange<br />
Indexes ATX Prime,<br />
WBI SME<br />
The goal we pursue in our investor relations activities<br />
is to provide all capital market participants<br />
with up-to-date corporate information – transparently<br />
and simultaneously. This makes it all the<br />
more gratifying that our efforts have been recognised<br />
with the coveted IVA DAVID award. This<br />
accolade honours companies and individuals for<br />
significant contributions to the encouragement of<br />
broadly based capital markets and shareholderfriendly<br />
involvement. This award is testimony to<br />
the success of our efforts to retain and extend the<br />
trust of shareholders and the financial community<br />
in AT&S Group.<br />
Share price<br />
The share price recorded a steady increase until<br />
December 2010, reflecting the positive overall<br />
business performance during the period. The<br />
share reached a high of EUR 18.20 in mid-January,<br />
making it one of Austria’s best performing stocks<br />
in 2010. Reflecting the seasonal fluctuations in<br />
mobile phone sales and the disaster in Japan,<br />
which had the entire industry holding its breath,<br />
the share price fell back somewhat, closing the<br />
financial year on 31 March 2011 at EUR 15.84. An<br />
encouraging sign is the significantly increased<br />
liquidity of AT&S stock, with average daily traded<br />
volumes over the last 100 days amounting to<br />
around 6,000 shares, considerably higher than at<br />
the start of the year.<br />
At the end of September 2010, Landesbank Baden-<br />
Württemberg (LBWW) discontinued its coverage<br />
of AT&S stock because of internal restructuring<br />
measures. Fortunately, however, UniCredit,<br />
Deutsche Bank and Berenberg shortly afterwards<br />
all resumed their coverage, taking the total number<br />
of analysts covering AT&S from three at the<br />
start of the year to six.<br />
We made the most of these positive developments<br />
to raise awareness of AT&S stock among institutional<br />
investors in key European financial markets.<br />
Our autumn campaign centred on the Vienna,<br />
Frankfurt and Zürich financial markets, and on<br />
establishing close relationships with selected investors.<br />
In the spring the focus of our investor relations<br />
activities shifted to Asia, where we organised<br />
a non-deal roadshow in Hong Kong and Singapore<br />
in early March. Our Investors Day at the Shanghai<br />
site – the first of its kind – was well received by<br />
analysts and local media alike. The positive feedback<br />
and high levels of interest encountered in all<br />
three Asian financial centres were an encouraging<br />
start, and we now intend to continue our activities<br />
in these markets over the course of the next year.<br />
AT&S against the ATX Prime<br />
120%<br />
100%<br />
80%<br />
60%<br />
40%<br />
20%<br />
0%<br />
01/04/2010<br />
1-year performance<br />
01/06/2010<br />
01/08/2010<br />
01/10/2010<br />
01/12/2010<br />
AT&S<br />
ATX Prime<br />
01/02/2011<br />
31/03/2011<br />
9.95%<br />
Treasury stock<br />
17.66%<br />
Dörflinger Private Foundation<br />
21.51%<br />
Androsch Private Foundation<br />
50.88%<br />
Free Float