voestalpine AG

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
Financial Figures/Balance Sheet/6-month report

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
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

Further inquiry note:
DI Peter Fleischer
Head of Investor Relations
Tel.: +43/50304/15-9949
Fax:  +43/50304/55-5581

end of announcement                               euro adhoc 

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

Weitere Meldungen: voestalpine AG

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