voestalpine with jump in earnings in the first half of the business year
Despite a persistently challenging economic climate, the voestalpine Group posted a largely solid performance during the first half of the business year 2014/15 (April 1, to September 30, 2014). The business year started with optimistic economic forecasts for the mature economies and mixed expectations for the emerging markets. However, measured against these expectations, and excepting North America and China, the global economic trend cooled down in the course of the first six months. "Nevertheless, in view of the increasingly challenging environment, voestalpine Group performance during the first half of the business year was at a most satisfactory level," says Dr. Wolfgang Eder, Chairman of the voestalpine Group. A key reason for this result is the Group's broad geographical base and presence in a wide range of industries. The consistent strategic focus on global quality and technology leadership for demanding niche products, and the focus on consistently lengthening the value chain in all business segments, is a guarantee of success.