AT&S World

AT&S at a Glance
8
Strategy geared
towards innovation
and long-term, profitable
organic growth
We have increasingly relocated our HDI capacity
to Asia, in line with our strategic focus. At the
same time, volatility caused by the widening fluctuations
in currency markets has increased. This
is reflected in increased numbers of foreign currency
translation differences being reported under
Group equity and increased recognition of other
operating gains and losses in the income statement
Revenues produced in Europe / Asia
over the last years
39% 33%
61% 67%
2008/09 2009/10
Europe Asia
31%
69%
2010/11
100%
50%
Strategy
Our strategic goal is to become the world’s most
competitive supplier of interconnection solutions.
For us this means being the most competitive in
terms of quality, reliability, efficiency and service.
The AT&S strategy is geared towards innovation
and fostering long-term, profitable organic
growth. Achieving technology leadership in selected
target markets plays a key role in the realisation
of this goal.
AT&S share
AT&S was initially listed on the Frankfurt Stock
Exchange, Neuer Markt, in July 1999, and then
formed part of the TecDAX, which was launched
after the dot.com bubble burst. After dropping out
of the TecDAX in spring 2008, AT&S decided to
switch to its home stock exchange in Vienna. AT&S
has been quoted in the Vienna Stock Exchange
prime market segment since 20 May 2008.
0%
The free float comprises 50.8% of the shares, and
just under 10.0% are held by AT&S, with 21.5% held
by the Androsch Private Foundation and 17.7% by
the Dörflinger Private Foundation. Hannes Androsch
and Willibald Dörflinger were two of the
three initiators of the 1994 management buy-out.
Corporate Governance
As a listed company, AT&S is expressly committed
to good corporate governance, and therefore
subscribes to the Austrian Corporate Governance
Code. During financial 2010/11, the members of
the AT&S Management Board were as follows:
Andreas Gerstenmayer, Chairman since February
2010
Thomas Obendrauf, CFO and Deputy Management
Board Chairman since October 2010
Heinz Moitzi, Chief Technical Officer since April
2005
Steen E. Hansen, Chief Financial Officer since
April 2004, and Deputy Chairman since June
2005, resigned his Management Board appointment
at the start of October 2010, and left the
company at the end of January 2011.
The Supervisory Board has nine members, three
of whom are employee representatives. The Chairman
of the Supervisory Board is Hannes Androsch.
Willibald Dörflinger is the Deputy Chairman.
Corporate social responsibility
Sustainable business practice at AT&S means
using the available resources to deliver the best
possible long-term results for all stakeholders.
We recognise that the “people, planet and profit”
dimensions of performance need not conflict with
each other. On the contrary, all three underpin
the sustainability of a good business. The AT&S
integrated management system (IMS) attaches
equal importance to quality, the environment and
people.
Our Code of Business Ethics, which applies to all
our staff throughout the world, sets out the rules
according to which we do business in an ethical
and socially responsible manner.