ATS Reports First Quarter Fiscal 2019 Results

剑桥，on /cnw /- ATS Automation Tooling Systems Inc. (TSX: ATA) ("ATS" or the "Company") today reported financial results for the three months ended July 1, 2018.

First quarter summary

• Revenues were $300.0 million, 14% higher than a year ago.
• Earnings from operations were $27.0 million (9% operating margin), compared to $21.3 million (8% operating margin) a year ago.
• 运营1的调整后收益为3260万美元（11％的利润率），而一年前为2630万美元（10％的利润率），主要反映了更高的收入和比一年前的毛利率提高。
• EBITDA1为3680万美元（EBITDA利润率为12％），而2018财年第一季度为3020万美元（EBITDA利润率为11％）。
• 每股收益为18美分，而稀释为12美分，一年前稀释。第一季度调整后的每股基本收益为22美分，而一年前为16美分。
• 订单预订were $358 million, a 35% increase from the first quarter of fiscal 2018.
• Period end Order Backlog was a record $789 million, 16% higher than at July 2, 2017.
• 这Company's balance sheet and financial capacity to support growth remained strong, with unutilized credit facilities of $629.5 million.

首席执行官安德鲁·赫德（Andrew Hider）表示：“我们的第一季度的表现有了我们的财务价值驱动因素的改善，包括订单预订，收入和利润率的增长。”“我们以创纪录的订单积压完成了该季度，并继续推进ATS业务模型。我们的资产负债表很强大，我们在我们的价值创造策略方面处于执行状态：建立，成长和扩展，以推动长期股东价值。”

First quarter summary
Fiscal 2019 first quarter revenues were 14% higher than in the corresponding period a year ago. Higher revenues primarily reflected higher Order Backlog entering the first quarter of fiscal 2019 compared to a year ago, and higher Order Bookings in the first quarter. Increased revenues from construction contracts more than offset lower services revenues.

By market, fiscal 2019 first quarter revenues from the consumer products & electronics, and the life sciences markets increased 81% and 5% respectively, due to higher Order Backlog entering the first quarter of fiscal 2019. Revenues in the energy market increased 70%, primarily due to the timing of Order Bookings. Transportation revenues decreased 16% compared to a year ago, primarily due to timing of program execution compared to the previous year.

2019财年第一季度的收益操作were $27.0 million (9% operating margin) compared to $21.3 million (8% operating margin) in the first quarter of fiscal 2018. First quarter fiscal 2019 earnings from operations included $5.6 million related to amortization of identifiable intangible assets recorded on the acquisitions of PA, IWK and sortimat. Included in first quarter fiscal 2018 earnings from operations was $5.0 million related to amortization of identifiable intangible assets recorded on the acquisitions of PA, IWK and sortimat. Excluding these items, first quarter fiscal 2019 adjusted earnings from operations were $32.6 million (11% margin), compared to adjusted earnings from operations of $26.3 million (10% margin) a year ago. Higher adjusted earnings from operations primarily reflected higher revenues and improved gross margin compared to a year ago, partially offset by higher selling, general and administrative expenses in the first quarter of fiscal 2019.

Depreciation and amortization expense was $9.8 million in the first quarter of fiscal 2019, compared to $8.9 million a year ago. The increase primarily reflected higher depreciation expenses for internal development projects and amortization expenses of acquisition-related intangible assets.
EBITDA在2019财年第一季度为3680万美元（EBITDA利润率为12％），而2018财年第一季度为3020万美元（11％EBITDA利润率）。与一年前相比，销售，一般和行政费用更高。

订单预订
First quarter fiscal 2019 Order Bookings were $358 million, a 35% increase from the first quarter of fiscal 2018 as a result of growth in all customer markets. By customer market, higher Order Bookings in Energy primarily related to new programs in the nuclear market. Order Bookings in transportation are being driven by the electrification of vehicles (EV). Increased Order Bookings in life sciences are primarily related to medical device programs. Increased Order Bookings in consumer products and electronics are primarily related to warehousing automation.

积压订单
At July 1, 2018, Order Backlog was a record $789 million, 16% higher than at July 2, 2017. Higher Order Backlog was driven primarily by increased Order Bookings in all markets.

季度电话会议
ATS的季度电话会议于​​2018年8月15日星期三上午10:00开始，可以在www.atsautomation.com或通过电话（416）764-8688在预定的开始时间之前直播或通过电话访问。。会议的重播将在通话后的ATS网站上提供。另外，通过拨打（416）764-8677并输入密码551836，然后是数字符号，可以通过拨打（416）764-8677来进行一周的电话记录。

Annual Shareholders' Meeting
该公司将于2018年8月16日星期四上午10:00在东部的TMX广播中心，安大略省多伦多国王街西130号TMX广播中心举行年度股东大会。

投资者日
该公司将于2018年9月18日星期二在安大略省剑桥市举办投资者日。ATS期待欢迎其机构投资者和股票研究分析师对其公司战略和设施之旅的更新。如果您有兴趣参加，请通过smehan@atsautomation.com与投资者关系和公司通讯总监Sonya Mehan联系。

About ATS
ATS是世界上许多最成功的公司的行业领先自动化解决方案提供商。ATS在定制自动化，重复自动化，自动化产品和增值服务方面使用其广泛的知识库和全球能力，包括预自动化和售后服务，以满足市场上复杂的制造自动化系统和市场上跨国客户的服务需求作为生命科学，化学药品，消费品，电子，食品，饮料，运输，能源以及石油和天然气。ATS成立于1978年，在北美，欧洲，东南亚和中国的20个制造设施和50多个办事处拥有约3,800名员工。该公司的股票在多伦多证券交易所以符号ATA交易。访问公司的网站www.atsautomation.com。