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  • Current

3rd Quarter FY 2015/16

  • voestalpine increases sales and earnings in the first nine months of the business year 2015/16

    Despite an increasingly challenging economic environment, voestalpine succeeded in increasing sales and earnings in the first three quarters of the business year 2015/16 in comparison to the respective figures of last year.
    It has to be considered, that the earnings of the first nine months 2015/16 as well as those of last year’s comparative period were affected by non-recurring items (changes in consolidation in BY 2015/16 and divestments in BY 2014/15 respectively).
    However by excluding these non-recurring items in both periods, the figures increased as well.
    In a macroeconomic environment, which became increasingly difficult at the end of the calendar year – broad uncertainty in China, economic slowdown in North America, ongoing recession in Brazil and Russia, only Europe with moderate recovery trend – voestalpine Group was able to grow sales and earnings partly significantly. Notably the Steel Division contributed to this favorable development despite the (planned) relining of one blast furnace.
    The development of the Special Steel as well as the Metal Engineering Division was affected by the weak demand from the oil and gas industry. A trend accelerating at the end of the reporting period, which could not be fully compensated even by outstanding performing sectors like the railway infrastructure or the aviation industry.
    The Metal Forming Division benefited – like the complete voestalpine Group – from an ongoing excellent development of the automotive industry.
    As already stated in the report for the first half of the business year 2015/16, a somewhat weaker second half is following an overall satisfactory first half of 2015/16, where – as stated before as well – including non-recurring items (changes in consolidation), both the operating result (EBITDA) and profit from operations (EBIT) are unchanged expected to be higher than the adjusted figures of last year, whereas the adjusted earnings of BY 2015/16 will not be able to reach last year’s adjusted figures.

    Key figures of voestalpine Group: 

    (acc. IFRS;
    in EURm)
    Q 1-3 FY 2014/15
    04/01 - 12/31/2014
    Q 1-3 FY 2015/16
    04/01 - 12/31/2015
    Change
    in %
    Revenue 8,254.9 8,380.4 +1.5
    EBITDA 1,086.9 1,207.3 +11.1
    EBITDA margin in % 13.2 14.4  
    EBIT 627.1 727.0 +15.9
    EBIT margin in % 7.6 8.7  
    Profit before tax 528.9 628.5 +18.8
    Profit for the period* 432.5 508.5 +17.6
    EPS (in EUR) 2.28 2.74 +20.2
    Gearing ratio in % (12/31) 61.4 57.0  

    *Before deduction of non-controlling interests and interest on hybrid capital. 

    Figures adjusted by special items* from changes of consolidation: 

    (acc. IFRS;
    in EURm)

    ADJUSTED
    Q 1-3 FY 2014/15
    04/01 - 12/31/2014

    ADJUSTED
    Q 1-3 FY 2015/16
    04/01 - 12/31/2015

    ADJUSTED
    Change
    in %
    EBITDA 1,020.4 1,069.7 +4.8
    EBITDA margin in % 12.4 12.8  
    EBIT 581.9 608.0 +4.5
    EBIT margin in % 7.0 7.3  
    Profit before tax 483.7 509.5 +5.3
    Profit for the period**    389.1 382.8 -1.6
    EPS (in EUR) 2.03 1.94 -4.4

    * Q 1-3 FY 2014/15 excluding one-offs from divestments; Q 1-3 FY 2015/16 excluding one-offs from changes of consolidation.
    **Before deduction of non-controlling interests and interest on hybrid capital.
     

  • Ad-Hoc News from 26 November 2015

    voestalpine is aware of the proceedings of the German Federal Cartel Office that became known today due to searches at competitors of voestalpine. The proceedings also relate to companies of the Special Steel Division of the voestalpine Group. voestalpine takes these proceedings very seriously, cooperates with the authority and currently does not expect that significant fines will be imposed against voestalpine in these proceedings. Due to the ongoing proceedings no further information can currently be made.

2nd Quarter FY 2015/16

1st Quarter FY 2015/16

Contacts

  • Peter Fleischer

    Peter Fleischer

    Head of Investor Relations

    T: +43/50304/15-9949

    F: +43/50304/55-5581

    Send e-mail

  • Gerald Resch

    Gerald Resch

    Investor Relations Manager

    T: +43/50304/15-3152

    F: +43/50304/55-5581

    Send e-mail

  • Claudia Korntner

    Claudia Korntner

    Corporate Responsibility Manager

    T: +43/50304/15-6599

    F: +43/50304/55-5581

    Send e-mail

  • Andrea Klepp

    Andrea Klepp

    Assistant

    T: +43/50304/15-8735

    F: +43/50304/55-5581

    Send e-mail

  • Melanie Raab

    Assistant

    T: +43/50304/15-5221

    F: +43/50304/55-5581

    Send e-mail

  • Sabine Weilguny

    Assistant

    T: +43/50304/15-4341

    F: +43/50304/55-5581

    Send e-mail

About voestalpine The voestalpine Group is a steel-based technology and capital goods group that operates worldwide. With its top-quality products, the Group is one of the leading partners to the automotive and consumer goods industries in Europe and to the oil and gas industries worldwide.
Facts
50 Countries on all 5 continents
500 Group companies and locations
47,500 Employees worldwide
Earnings FY 2014/15
11.2 Billion Revenue
1.5 Billion EBITDA
  • voestalpine Share - Last Price:   30.33 € (-0.01 € / -0.03 %)      30.05.2016 14:08:32 MEZ Wiener Börse
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