voestalpine AG — Earnings Release 2004

Feb 12, 2004

News Details

Ad-hoc | 12 February 2004 07:33

voestalpine reports further increase in sales and result for first 9months 03/04

Ad-hoc-announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. ——————————————————————————– voestalpine reports further increase in sales and result for first 9 months 2003/2004 In the first three quarters of the 2003/2004 business year (April 1, to December 31, 2003), the voestalpine Group continued its successful development and reported a further increase in sales and result compared to the previous year. Also all other key figures were improved – partly significantly – as against the equal period of the 2002/2003 business year. The development in detail is as follows: – Sales rose by 7.2% from EUR 3,172.0 million to EUR 3,401.5 million. – The EBITDA (earnings before depreciation and amortization) improved by 12.9% from EUR 368.7 million to EUR 416.2 million. The EBITDA margin comes to 12.2% compared to 11.6% in the previous year. – EBIT (earnings before interest and taxes) increased from EUR 155.4 million to EUR 196.3 million. This corresponds to an increase of 26.3%. The EBIT margin rose from 4.9% to 5.8%. – EBT (result from ordinary activities) is EUR 171.6 million, thus increasing by 162.8% compared with EUR 65.3 million in the previous year. – The net income for the period nearly trebled from EUR 36.0 million to EUR 106.8 million. – The earnings per share are EUR 2.71 in comparison to EUR 0.9 in the same period of the previous year. end of ad-hoc-announcement (c)DGAP 12.02.2004 ——————————————————————————– WKN: 093750; ISIN: AT0000937503; Index: ATX Listed: Amtlicher Handel in Wien; Freiverkehr in Berlin-Bremen, Frankfurt, Hamburg, München, Stuttgart; London 120733 Feb 04