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voestalpine AG — Earnings Release 2011
May 31, 2011
767_iss_2011-05-31_36e1a61d-0941-4eff-a410-a259bbfcd5fb.pdf
Earnings Release
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EANS-Adhoc: voestalpine AG /Annual Report 2010/11: annual profit triples to around 600 EURm
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.
Further improving dynamics of global economy. Emerging markets are driver of economic upturn, recovery of Europe based on exports, except peripheral areas in the South and very West. Sound recovery trend in Eastern Europe as well. Excellent demand situation in automotive, energy-, railway infrastructure-, machine building- and consumer goods segments. Only building industry still suffering from lag effects of the crisis. In this economic environment and in combination with positive effects from internal efficiency improvement measures, voestalpine is able to report financial results on excellent levels and further significant debt reductions. The group earnings are evenly supported by the development of the single divisions. A crude steel production of 7.7 million tons means a new record production in the history of voestalpine group. Despite well-known latent threats - excessive national debts in a number of states, uncertainties regarding the stability of the banking sector, etc. - a further positive economic development in the second half of Calendar Year 2011 can be expected. Against this backdrop a further significant improvement of voestalpine results should be possible in 2011/12. Dividend: 0.80 EUR per share, proposal to AGM. Key Figures of voestalpine Group (acc. IFRS; in EURm)* BY 2009/10 BY 2010/11 Change 1.4.09 - 1.4.10 - in % 31.3.10 31.3.11 Revenue 8,550.0 10,953.7 +28.1 EBITDA 1,004.3 1,605.6 +59.9 EBITDA margin in % 11.7 % 14.7 % EBIT 352.0 984.8 +179.8 EBIT margin in % 4.1 % 9.0 % Profit before tax 183.3 781.0 +326.1 Profit for the period** 186.8 594.6 +218.3 EPS (in EUR) 0.65 3.04 Gearing ratio in % 71.3 % 57.8 % * According to IFRS all results after Purchase Price Allocation (PPA) ** Before minority interest and hybrid capital interest Further details of the FY 2010/11 results are available on our homepage www.voestalpine.com or feel free to 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