EANS-Adhoc: voestalpine AG / voestalpine reports largely stable earnings, margins slightly improved
PR Newswire/euro adhoc/ EANS-Adhoc: voestalpine AG / voestalpine reports largely stable earnings, margins slightly improved ad-hoc disclosure transmitted by euro adhoc with the aim of a Europe-wide distribution. The issuer is solely responsible for the content of this announcement.
Financial Figures/Balance Sheet/3-month report 07.08.2013
After the broad downturn of the economy in the course of last year, the past months showed a certain stabilizing trend. Against this backdrop voestalpine Group reports all in all stable results for the first quarter of the business year 2013/14, both, in comparison to last year's figures as well as in relation to the immediately preceding quarter. The gearing ratio (net financial debt in percent of equity) decreased further in this reporting period, whereas the number of employees, not least because of the latest acquisitions, rose to a new record level of 47,154 people (FTE) per 30.06.2013. From today's perspective a further stabilization of the economic development in the coming months seems realistic, although a considerable risk of setbacks - not only in Europe - remains in place. An at least stable business cycle within the next months would create the prerequisites for a global economic recovery in 2014. With regards to earnings expectations (EBITDA and EBIT) for the full business year 2013/14 a repetition of last year's figures seems the most probable scenario, unchanged to the view at the beginning of the business year, although a little better secured.
Key figures of the voestalpine Group
___________________________________________________ |(acc._IFRS;_in_EURm)__|Q1_2012/13|Q1_2013/14|Change| |______________________|1.4.12_-__|1.4.13_-__|in_%__| |______________________|30.6.2012_|30.6.2013_|______| |Revenue_______________|3,050.6___|2,936.1__ |-3.8__| |EBITDA________________|372.4_____|366.3_____|-1.6__| |EBITDA_margin_in_%____|12.2______|12.5______|______| |EBIT__________________|228.0_____|223.3_____|-2.1__| |EBIT_margin_in_%______|7.5_______|7.6_______|______| |Profit_before_tax_____|185.1_____|179.9_____|-2.8__| |Profit_for_the_period*|144.9_____|138.6_____|-4.3__| |EPS_(in_EUR)__________|0.74______|0.69______|-6.8__| |Gearing_ratio_in_%____|49.9______|44.0______|______|
* Before minority interest and hybrid capital interest
Further details on the 1st quarter results 2013/14 are available on our homepage www.voestalpine.com or feel free to contact our Investor Relations team +43/ 50304/15-9949.
issuer: voestalpine AG
A-4020 Linz phone: +43 50304/15-9949 FAX: +43 50304/55-5581 mail: IR@voestalpine.com WWW: www.voestalpine.com sector: Metal Goods & Engineering ISIN: AT0000937503 indexes: WBI, ATX Prime, ATX stockmarkets: official market: Wien language: English
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