voestalpine AG — Earnings Release 2002

Jun 7, 2002

News Details

Ad-hoc | 7 June 2002 07:33

voestalpine AG english

voestalpine AG hold their position in a difficult environment Ad-hoc-announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. ——————————————————————————– voestalpine AG hold their position in a difficult environment .voestalpine-Group continues course of growth: turnover of EUR 3,353.7 million (+6 %) .Further development from steel producer to processing company .Different business trends from the four divisions have been: -Division steel affected by economic downswing -No negative effects from difficult economic situation in the Divisions Railwaysystems and Profilform both with record figures -The division motion driven by the acquisitions .The negative extraordinary effect (EUR -31.4 million) in net profit due to the development of the VA-Tech-shareprice has no impact to the dividend of voestalpine EUR millions 2000/2001 2001/2002 Turnover 3,166.1 3,353.7 EBITDA 478.1 402.2 EBIT 258.3 159.5 Result from ordinary activities 247.1 90.8 Net income 179.1 54.9 Earnings per share (in Euro) 5.60 1.68 Dividend (in Euro) 1.20* 1.20** * base dividend (excluding extraordinary dividend of 0.70 Euro) **as proposed to the Annual General Shareholders Meeting end of ad-hoc-announcement (c)DGAP 07.06.2002 ——————————————————————————– WKN: 093750; ISIN: AT0000937503; Index: ATX Listed: Amtlicher Handel in Wien; Freiverkehr in Berlin, Frankfurt, Hamburg, München, Stuttgart; London 070733 Jun 02