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18.11.2010 – 07:33

voestalpine AG

EANS-Adhoc: voestalpine AG
voestalpine with significant increase in sales and earnings in the 1st half of 2010/11

  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

6-month report


The first half of the business year 2010/11 brought along nearly a tenfold increase of voestalpine AG´s operational result compared to the same period in the previous year. With full utilization rates in almost all segments - against the downward trend in the European steel industry since summer 2010 - voestalpine group is back to an altogether normalised business environment after the crises in the years of 2008 and 2009. The development of the 2nd half 2010/11 is expected to be stable with widely full capacity utilization.

Key figures of voestalpine Group

(acc. IFRS; in EURm)*   H1 2009/10          H1 2010/11          Change
                        01.04. - 30.09.2009 01.04. - 30.09.2010 in %
Revenue                 4,181.8             5,191.8             24.2
EBITDA                  366.8               710.5               93.7
EBITDA margin in %      8.8                 13.7
EBIT                    42.7                414.2               870.0
EBIT margin in %        1.0                 8.0
Profit before tax       -42.3               317.4
Profit for the period** -19.8               249.7
EPS (in EUR)            -0.35               1.24
Gearing ratio in %      90.0                65.8

* according to IFRS all results after Purchase Price Allocation (PPA)
** before minority interest and hybrid capital interest

Additional information as well as the full report about the half year´s results
of voestalpine AG per effective day of September 30, 2010 is available on our
homepage at the category "Investors". If you have any
questions please contact our Investor Relations-Team +43/50304/15-8735 
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

Branche: Metal Goods & Engineering
ISIN: AT0000937503
WKN: 897200
Index: WBI, ATX Prime, ATX
Börsen: Wien / official market

Original content of: voestalpine AG, transmitted by news aktuell

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