S&T AG: AdHoc: S&T AG's new guidance for 2020: Sales and EBITDA expected to exceed previous year's level

Linz (pta003/03.05.2020/18:50 UTC+2) On the basis of the now available figures for the first quarter of 2020 and after today´s analysis of the preliminary figures of the S&T Group for the month of April and the latest forecasts of the S&T Group members, the Management Board of S&T AG considers it likely that business development for the current financial year will exceed the previous year's level despite the Corona crisis: In 2020, revenues are expected to reach around EUR 1,150 million and profitability around EUR 115 million EBITDA. Both figures are approximately 3% above the 2019 financial year, which means that the S&T Group will continue on its profitable growth path despite the massive distortions in the global economy. Thus, despite the Corona pandemic, an EBITDA margin of 10% should also be achieved for the first time in 2020. The medium-term goals of Agenda 2023 - EUR 2 billion in revenues and EUR 220 million EBITDA in the 2023 financial year - remain unchanged.

The figures for the first quarter of 2020 will be published as planned on May 7, 2020.

May 3, 2020
The Executive Board

ON S&T AG
S&T AG (www.snt.at) heads a technology group that employs some 4,900 persons and that operates in 32 countries around the world. S&T AG is listed on the Frankfurt Stock Exchange (ISIN AT0000A0E9W5, WKN A0X9EJ, SANT). S&T forms part of the Exchange's TecDAX® and SDAX® indexes. S&T is a leading supplier in Central and Eastern Europe of IT systems and of the services and solutions comprised in them. In 2016, S&T took a stake in Kontron AG - one of the leaders on the world's market for embedded computers - which 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.

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Emitter:	S&T AG Industriezeile 35 4021 Linz Austria
Contact Person:	Nicole Nagy, Investor Relations
Phone:	+43 (1) 801911196
E-Mail:	nicole.nagy@snt.at
Website:	www.snt.at
ISIN(s):	AT0000A0E9W5 (Share)
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