EANS-Adhoc: voestalpine AG
voestalpine with considerable profit increase in
3rd quarter 2009/10 compared to previous quarters
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.
9-month report
25.02.2010
voestalpine group definitely back on track by considerably increasing profits in the 3rd quarter 2009/10. Operational result (EBIT) improved by 87.5% and profit for the period by more than 100%, both compared to the previous quarter. Concurrently net financial debt in % of equity (Gearing) was reduced from 90.0% to 81.2% during the past three months. Despite a regionally and industrially inhomogeneous economic development, voestalpine is expecting a further gradual enhancement of the worldwide economic situation.
Key figures of voestalpine group
(acc. IFRS; in EURm)* Q2 2009/10 Q3 2009/10 Change
01.07. - 01.10. - in %
30.09.09 31.12.09
Revenue 2,067.6 2,083.9 0.8
EBITDA 234.2 295.1 26.0
EBITDA margin in % 11.3 14.2
EBIT 70.4 132.0 87.5
EBIT margin in % 3.4 6.3
Profit before tax 29.3 89.6 205.8
Profit for the period** 28.3 71.5 152.7
EPS (in EUR) 0.05 0.30
Gearing in % 90.0 81.2(acc. IFRS; in EURm)* Q1-Q3 2008/09 Q1-Q3 2009/10 Change
01.04. - 01.04. - in %
31.12.08 31.12.09
Revenue 9,280.1 6,225.1 -32.9
EBITDA 1,510.1 664.2 -56.0
EBITDA margin in % 16.3 10.7
EBIT 981.8 178.4 -81.8
EBIT margin in % 10.6 2.9
Profit before tax 764.7 51.2 -93.3
Profit for the period** 606.1 51.6 -91.5
EPS (in EUR) 3.36 -0.05
Gearing in % 101.8 81.2* According to IFRS all results after Purchase Price Allocation (PPA) ** Before minority interest and hybrid capital interest
More information on the 3rd quarter result is available on our website www.voestalpine.com or contact our Investor Relations Team +43/50304-15-9949.
end of announcement euro adhoc
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
Branche: Metal Goods & Engineering
ISIN: AT0000937503
WKN: 897200
Index: WBI, ATX Prime, ATX
Börsen: Wien / official market