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voestalpine AG — Earnings Release 2010
Aug 19, 2010
767_iss_2010-08-19_54d47051-027d-4c6a-9b2b-23b118445eeb.pdf
Earnings Release
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EANS-Adhoc: voestalpine AG / voestalpine increases sales and earnings significantly in the first quarter 2010/11 - optimistic outlook
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 announcement.
The ongoing economic recovery leads to further improvements in sales and soaring earnings of voestalpine Group. Besides considerable progression in volumes, the implementation of efficiency and cost saving programs are substantial drivers of the actual earnings development. The gearing ratio decreases by 4.1% within the last quarter to 67.2% at present, based on the obvious positive net income and the consistently low kept investments. Based on the developments so far, the earnings estimation for the business year 2010/11 has to be valued very significantly above last year´s level, even by taking formidable contingencies concerning the economic situation in 2011 into account.
Key figures of voestalpine Group
(acc. IFRS; in EURm)* Q1 2009/10 Q1 2010/11 Change 01.04.-30.06.2009 01.04.-30.06.2010 in % Revenue 2,093.2 2,556.1 22.1 EBITDA 134.2 350.9 161.5 EBITDA margin in % 6.4 13.7 EBIT -26.3 203.3 EBIT margin in % -1.3 8.0 Profit before tax -70.1 156.5 Profit for the period** -48.2 121.1 EPS (in EUR) -0.40 0.60 Gearing ratio in % 90.1 67.2
* according to IFRS all results after Purchase Price Allocation (PPA) ** before minority interest and hybrid capital interest
More information on the 1st quarter result is available on our website www.voestalpine.com or please contact our Investor Relations-Team +43/50304/15-9949
Further inquiry note: DI Peter Fleischer Head of Investor Relations Tel.: +43/50304/15-9949 Fax: +43/50304/55-5581 mailto:[email protected] http://www.voestalpine.com
issuer: voestalpine AG voestalpine-Straße 1 A-4020 Linz phone: +43 50304/15-9949 FAX: +43 50304/55-5581 mail: [email protected] WWW: www.voestalpine.com sector: Metal Goods & Engineering ISIN: AT0000937503 indexes: WBI, ATX Prime, ATX stockmarkets: official market: Wien language: English
Aussendung übermittelt durch euro adhoc The European Investor Relations Service