voestalpine AG

EANS-Adhoc: voestalpine AG /voestalpine with boost in earnings due to special items from changes in consolidation in first quarter of Business Year 2015/16, pure operational results (adjusted by special items) significantly 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
Financial Figures/Balance Sheet/3-month report

Before the backdrop of a globally uneven economic environment with moderate
growth in Europe, prolonged strong demand in North America, Asia with regionally
differing business developments and Brazil continuing the downward trend,
voestalpine was able to significantly improve profits in all categories in the
first quarter of the business year 2015/16.
These results were driven by positive developments of all single Divisions,
where the Steel Division was showing the largest relative gain in earnings.
The Special Steel Division could increase its profits as well, whereas the Metal
Forming and the Metal Engineering Division were able to only slightly improve
the results compared to the already very attractive levels a year earlier.
Against this backdrop, also after the completion of the first quarter,  for the
full business year 2015/16 a further improvement of the operating result
(EBITDA) as well as profit from operations (EBIT) - each excluding special items
and effects from changes in consolidation - can be anticipated.
The reported figures according to IFRS of the first quarter of the business year
2015/16 of voestalpine Group, independently from the improved operational
performance, are significantly influenced by special items from changes of
consolidation of two companies. The positive effects in the single earnings
categories based on reassessment of the prior shares at fair value deducted by
depreciation of disclosed hidden reserves for the reported quarter are: EBITDA:
EUR +137.6 million; EBIT und Earnings before Tax: EUR +131.5 million; Profit for
the period: EUR +137.7 million.
Key figures of the voestalpine Group:


* Before deduction of non-controlling interests and interest on hybrid capital.
Figures adjusted by special items from changes of consolidation: 
|(acc. IFRS; in EURm)  |Q1 2014/15|ADJUSTED  |ADJUSTED|

* Before deduction of non-controlling interests and interest on hybrid capital.
Further details on the 1st quarter results 2015/16 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

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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