Breaking News

Swiss National Bank Introduces Negative Interest Rate of -0.25%
Tweet TWEET

EANS-Adhoc: voestalpine AG / voestalpine with slightly weaker results in first half 2013/14

PR Newswire/euro adhoc/
EANS-Adhoc: voestalpine AG / voestalpine with slightly weaker results in first
half 2013/14
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/6-month report
06.11.2013 
Revenue and earnings of voestalpine Group for the first half of the business
year 2013/14 were affected by an all in all stable, but in particular in Europe
in industrial key segments still subdued economic development.
The second quarter of the business year was burdened additionally by seasonal
effects and one-offs of EUR 10 million in the Steel Division. Remarkably, the
uncertainties of the markets predominantly concerned the Special Steel and the
Steel Division, whereas the development of the Divisions Metal Engineering and
Metal Forming was characterized by high stability on unchanged attractive
levels.
This once more confirms the validity of the since 12 years consequently
implemented downstream strategy.
From today's point of view voestalpine Group expects higher earnings in the
second half of 2013/14 compared to the first half, against the backdrop of a
stable economic environment in the third quarter and a slight upturn in the
fourth quarter, so that the outlook for the whole business year 2013/14 remains
unchanged: Repetition of last year's operating profit (EBITDA) of approx. EUR
1.4 billion and about EUR 850 million profit from operations (EBIT)respectively. 
Key figures of voestalpine Group 
(acc. IFRS; in EURm)*      H1 2012/13         H1 2013/14         Change 
                       04/01 - 09/30/2012 04/01 - 09/30/2013 in %
Revenue                    5,932.8            5,723.6            -3.5
EBITDA                     724.5              686.9              -5.2
EBITDA margin in %         12.2               12.0               
EBIT                       435.4              400.5              -8.0
EBIT margin in %           7.3                7.0                
Profit before tax          347.8              320.4              -7.9
Profit for the period**    269.5              240.0              -10.9
EPS (in EUR)               1.36               1.16               -14.7
Gearing ratio in % (09/30) 51.0               46.7                
* according to IFRS all results after Purchase Price Allocation (PPA)
** before minority interest and hybrid capital interest 
Further details on the 2nd 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. 
Further inquiry note:
DI Peter Fleischer
Head of Investor Relations
Tel.: +43/50304/15-9949
Fax:  +43/50304/55-5581
mailto:peter.fleischer@voestalpine.com
http://www.voestalpine.com 
issuer:      voestalpine AG 
         voestalpine-Straße  1 
         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 
    
The content and accuracy of news releases published on this site and/or 
distributed by PR Newswire or its partners are the sole responsibility of the 
originating company or organisation. Whilst every effort is made to ensure the 
accuracy of our services, such releases are not actively monitored or reviewed 
by PR Newswire or its partners and under no circumstances shall PR Newswire or 
its partners be liable for any loss or damage resulting from the use of such 
information. All information should be checked prior to publication. 
-0- Nov/06/2013 06:32 GMT
 
 
Press spacebar to pause and continue. Press esc to stop.