EANS-Adhoc: voestalpine AG / voestalpine with stable development in the first quarter of the business year 2014/15

PR Newswire/euro adhoc/
EANS-Adhoc: voestalpine AG / voestalpine with stable development in the first
quarter of the business year 2014/15
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
Despite slightly decreasing sales revenues, voestalpine Group was able to
marginally increase the operating result (EBITDA), respectively to keep the
profit from operations (EBIT) largely stable. Earnings before and after tax
increased significantly.
The general economic trends, in place since the beginning of 2014, continued in
the first quarter of the business year 2014/15: Europe recovers steadily but at
slow pace, the solid economic trend in North America persists, the growth rates
in Brazil stay depressed and the economy in China returns to more robust levels
after a weak start of the year.
Against this background, the four divisions of voestalpine Group showed a solid
development: The Steel Division was able to keep the operating result (EBITDA)
stable despite somewhat decreasing revenues due to deflationary raw material
trends, the Special Steel Division showed a slight decline in revenues as well
as earnings, the Metal Engineering Division was able to improve the margins
above last year's level at significantly lower revenues because of the closure
of the standard rails production in Duisburg and the Metal Forming Division
succeeded in slightly increasing revenues as well as the operating result
The outlook for the business year 2014/15 remains unchanged: From the current
point of view, it can be anticipated that the operating result (EBITDA) and
profit from operations (EBIT) of the voestalpine Group will be somewhat higher
than the figures of the past business year. 
Key figures of the voestalpine Group: 
*Business year 2013/14 retroactively adjusted due to the application of IFRS 11
"Joint Arrangements" and due to the change in the method of disclosure for
results of entities consolidated according to the equity method (formerly
reported as part of financial result, from April 1, 2014 onward, reported as
part of EBIT).
**Before minority interest and hybrid capital interest 
Further details on the 1st quarter results 2014/15 are available on our homepage
www.voestalpine.com or feel free to contact our Investor Relations team +43/
Further inquiry note:
DI Peter Fleischer
Head of Investor Relations
Tel.: +43/50304/15-9949
Fax:  +43/50304/55-5581
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 
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-0- Aug/05/2014 05:32 GMT
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