Linz (pta035/09.11.2017/18:40) - Linz, 09.11.2017. The strong development of operative business done by the Group during the first nine months of 2017 is joining with the recently-completed finalization of the forecast for the fourth quarter of the financial year in causing the Executive Board of S&T AG (www.snt.at) to increase its forecast for EBITDA for financial year 2017 as a whole from more than EUR 50 million to EUR 60 million. This is greater than the current estimates formulated by the analysts and investment companies that track and evaluate S&T AG.
S&T AG will submit the final figures for the third quarter of 2017 on November 10, 2017.
On S&T AG
S&T AG (www.snt.at) heads a technology group that employs some 3,800 persons and that operates in more than 25 countries around the world. S&T AG is listed on the Frankfurt Stock Exchange (ISIN AT0000A0E9W5, WKN A0X9EJ, SANT) and forms part of the Exchange's TecDAX index of high techs. S&T is a leading supplier in Central and Eastern Europe of IT systems and of the services and solutions comprised in them. S&T's taking in 2016 of a stake in Kontron AG - one of the leaders on the world's market for embedded computers - has enhanced its portfolio of proprietary technologies used in the fields of appliances, cloud security, software and smart energy. This move has made S&T one of the leading suppliers on the international markets for Industry 4.0 and IoT (Internet of Things) technologies.