voestalpine reports most successful mid year
During the first half of 2007/08, the voestalpine Group attained new dimensions in sales revenue, operating profit and workforce as a result of the integration of the Special Steel Division (Böhler-Uddeholm Group). At the same time, even without taking the new Division into account, the first half of the current business year was the most successful six-months period in the history of the Group. Thus, voestalpine AG is heading for a new record result for the fourth year in a row in the 2007/08 financial year.
Earnings of the Division Special Steel (Böhler-Uddeholm Group) and consequently of voestalpine Group are influenced by purchase price allocation (PPA) due to IFRS 3, which is a pure accounting measure without any cash flow implications. The development of the first half of voestalpine without this accounting measure (PPA) is shown in a pro forma statement excl. PPA in the table below.
Key figures of voestalpine group
| (acc. IFRS; in EURm) | 1H 2006/07 1.04.-30.09.2006 | 1 H 2007/08 | Change in % | 1 H 2007/08 pro forma(excl.ppa) | |
| Revenue | 3,368 | 4,749 | + 41.0 | 4,749 | |
| EBITDA | 617 | 905 | + 46.5 | 951 | |
EBITDA-margin in % | 18.3 | 19.1 | 20.0 | ||
| EBIT | 447 | 612 | + 37.1 | 732 | |
| EBIT-margin in % | 13.3 | 12.9 | 15.4 | ||
| EBT | 428 | 556 | + 29.9 | 676 | |
| Profit for the period | 323 | 434 | + 34.6 | 521 | |
| EPS (in EUR)** | 2.0 | 2.7 | 3.3 |
More information on the 1st quarter result is available on our website www.voestalpine.com or please contact our Investor Relations-Team +43/50304/15-9949.
13 November 2007
| voestalpine | 48,79 | - |
| ATX | 4 262,17 | - |
| VIE, 09.05.08 | 17:45 | CET |
