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03.06.2015 – 07:31

voestalpine AG

EANS-Adhoc: voestalpine AG
voestalpine with boost in earnings at slightly higher revenues in FY 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
Financial Figures/Balance Sheet/annual report

voestalpine, while showing slightly higher revenues, was able to significantly
increase earnings in all categories in an economic environment, which was
characterized by strong growth in North-America,
a development in China, which was better than originally predicted, recessionary
tendencies in Brazil and recently clearly improved optimism in Europe.
Portfolio-streamlining lead to positive non-recurring items of EUR 45.2 million
at EBIT and EUR 61.9 million at EBITDA-level in FY 2014/15.
But also excluding those none-recurring items clear improvements in all earnings
categories were achieved, due to a stable development on outstanding level of
the Metal Engineering Division and the Metal Forming Division and advanced
earnings-growth of the Steel Division and the Special Steel Division, in
particular in the 4th Fiscal Quarter, which in general was showing the best
operational performance.
Based on the current economic situation, it can be anticipated that in the
business year 2015/16, the voestalpine Group will record further improvement
compared to the business year just ended in both operating result (EBITDA) and
profit from operations (EBIT), before any non-recurring effects and changes in
the scope of consolidation.
The structure of statement of financial position of FY 2014/15 is impacted by
special effects resulting from repayment of hybrid capital, exchange rate
movements, and an actuarial revaluation of employee benefits. Against this
backdrop the gearing ratio (net financial debt in percent of equity) rose from
46.0% last year to 58.4% as of March 31, 2015.
In FY 2015/16, in particular the first quarter, the reported earnings will be
significantly impacted (estimated by approximately EUR 90 million) by the
revaluation of assets at fair value because of full consolidation of companies,
which have been equity-consolidated so far.

Key Figures of voestalpine Group

|_________________________|4/1/13_-__ |4/1/14_-_______|in_%___|
|_________________________|3/31/14___ |3/31/15________|_______|
|Revenue__________________|11,077.2__ |11,189.5_______|1.0____|
|EBITDA___________________|1,374.0___ |1,530.2________|11.4___|
|EBITDA_margin_in_%_______|12.4______ |13.7___________|_______|
|EBIT_____________________|788.4_____ |886.3__________|12.4___|
|EBIT_margin_in_%_________|7.1_______ |7.9____________|_______|
|Profit_before_tax________|640.8_____ |740.9__________|15.6___|
|Profit_for_the_period**__|503.4_____ |594.2__________|18.0___|
|EPS_(in_EUR)_____________|2.59______ |3.11___________|_______|
|Gearing_ratio_in_%_______|46.0______ |58.4___________|_______|
|Dividend_per_share_in_EUR|0.95______ |1.00_(proposal)|5.3____|
*Business Year 2013/14 retroactively adjusted.
** Before minority interest and hybrid capital interest
Additional information as well as the Annual Report 2014/15 of voestalpine AG as
of the effective date of March 31, 2015 is available on our website under the category "Investors". If you have any questions,
please contact our Investor Relations Team +43/50304/15-8735

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
sector:      Metal Goods & Engineering
ISIN:        AT0000937503
indexes:     WBI, ATX Prime, ATX
stockmarkets: official market: Wien 
language:   English

Original content of: voestalpine AG, transmitted by news aktuell