Ad-Hoc New regarding 2nd Quarter FY 2010/11
voestalpine with significant increase in sales and earnings in the 1st half of 2010/11
The first half of the business year 2010/11 brought along nearly a tenfold increase of voestalpine AG’s operational result compared to the same period in the previous year.
With full utilization rates in almost all segments – against the downward trend in the European steel industry since summer 2010 – voestalpine group is back to an altogether normalised business environment after the crises in the years of 2008 and 2009. The development of the 2nd half 2010/11 is expected to be stable with widely full capacity utilization.