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voestalpine AG — Earnings Release 2013
Feb 7, 2013
767_iss_2013-02-07_fc18b0e8-d9a6-4bd1-a413-f3d8f0f6555f.pdf
Earnings Release
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EANS-Adhoc: voestalpine AG /voestalpine with solid performance despite challenging environment
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.
Financial Figures/Balance Sheet/9-month report
voestalpine with 10% increase of EBITDA and 20% of EBIT in 3rd fiscal quarter 2012/13 comparised to Q3 2011/12 9 months revenues and earnings nearly stable despite difficult economic environment Equity for the first time above EUR 5 billion - Gearing ratio below 50%! First nine month of FY 2012/13 characterized by overall difficult economic situation. Since turn of the year stabilizing business environment on low level due to soothing measures regarding public debt developments in Europe and the US as well as indications of a recovery in China. No essential impulses from emerging markets India and South America. Continuing subdued demand situation in major industry segments (building-, automotive- and energy industry), stable development on average level at mechanical engineering-, consumer goods- and household appliance-industries, solid demand from aviation industry and railway infrastructure markets. voestalpine shows - apart from seasonal effects - overall stable business development in this challenging environment. More or less full capacity utilization at all major production facilities. Development of revenues largely stable, earnings decline limited. Positive earnings and cash flow generation leading to further deleveraging of the group. Full year outlook despite an unchanged challenging environment still in line with expectations according to the letter to shareholders regarding the first half of FY 2012/13: Operating results (EBITDA) of approximately EUR 1.4 billion, profit from operations (EBIT) of about EUR 800 million.
Key figures of voestalpine Group
| (acc. IFRS; in EURm)* | Q3 2011/12 10/01-12/31/2011 |
Q3 2012/13 10/01-12/31/2012 |
Change in % |
|---|---|---|---|
| Revenue | 2,899.5 | 2,719.7 | -6.2 |
| EBITDA | 293.8 | 321.9 | +9.6 |
| EBITDA margin in % | 10.1 | 11.8 | |
| EBIT | 145.0 | 174.4 | +20.3 |
| EBIT margin in % | 5.0 | 6.4 | |
| Profit before tax | 90.5 | 125.9 | +39.1 |
| Profit for the period** | 65.3 | 100.0 | +53.1 |
| EPS (in EUR) | 0.27 | 0.47 | +74.0 |
| Gearing ratio in % (12/31) 61.3 | 49.8 |
| (acc. IFRS; in EURm)* | Q1-Q3 2011/12 | Q1-Q3 2012/13 | Change |
|---|---|---|---|
| 04/01-12/31/2011 | 04/01-12/31/2012 | in % | |
| Revenue | 8,877.2 | 8,652.5 | -2.5 |
| EBITDA | 1,118.0 | 1,051.7 | -5.9 |
| EBITDA margin in % | 12.6 | 12.2 | |
| EBIT | 676.4 | 615.1 | -9.1 |
| EBIT margin in % | 7.6 | 7.1 | |
| Profit before tax | 533.8 | 473.7 | -11.3 |
| Profit for the period** | 411.4 | 369.5 | -10.2 |
| EPS (in EUR) | 2.09 | 1.83 | -12.4 |
| Gearing ratio in % (12/31) 61.3 | 49.8 |
* according to IFRS all results after Purchase Price Allocation (PPA) ** before minority interest and hybrid capital interest
Additional information as well as the full report about the third quarter
results of voestalpine AG as of the effective date of December 31, 2012 is available on our website www.voestalpine.com 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 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
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