EANS-Adhoc: voestalpine AG /voestalpine with stable profitability (margins) but
slight declines in sales and earnings in the first nine months 2013/14
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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.
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Financial Figures/Balance Sheet/9-month report
11.02.2014
Although the macroeconomic lead-indicators moved back into growth territory in
the second half of 2013, sales and earnings of voestalpine group, although with
largely stable margins, still declined in the first three quarters 2013/14. The
third quarter 2013/14 however seems to mark the trough.
Whereas the processing divisions Metal Engineering and Metal Forming were able
to increase profits in an annual comparison, the Special Steel Division and in
particular the Steel Division were negatively impacted by the far reaching
weakness of large parts of the energy segment (pipeline and power plants).
Based on the recently placed pipeline projects and the recovery in most other
industrial segments in the beginning of 2014, the turnaround of the earnings
trend seems recognizable in the final quarter 2013/14.
Overall the results of voestalpine AG for 2013/14 (EBITDA, EBIT) from a present
day perspective will come in somewhat beneath last year's figures.
Key figures of voestalpine Group
________________________________________________________________________
|(acc._IFRS;_in_EURm)______|Q1-Q3_2012/13*__|Q1-Q3_2013/14___|Change_in_%|
|__________________________|04/01-12/31/2012|04/01-12/31/2013|___________|
|Revenue___________________|8,652.5_________|8,384.1_________|-3.1_______|
|EBITDA____________________|1,043.8_________|1,006.8_________|-3.5_______|
|EBITDA_margin_in_%________|12.1____________|12.0____________|___________|
|EBIT______________________|607.2___________|573.0___________|-5.6_______|
|EBIT_margin_in_%__________|7.0_____________|6.8_____________|___________|
|Profit_before_tax_________|473.7___________|456.5___________|-3.6_______|
|Profit_for_the_period**___|369.5___________|351.6___________|-4.8_______|
|EPS_(in_EUR)______________|1.83____________|1.71____________|-6.6_______|
|Gearing_ratio_in_%_(12/31)|49.8____________|50.2____________|___________|
*Business Year 2012/13 retroactively adjusted in accordance with IAS 19
(revised).
**Before deduction of non-controlling interests and interest on hybrid capital.
Additional information as well as the full report about the third quarter
results of voestalpine AG as of the effective date of December 31, 2013 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:peter.fleischer@voestalpine.com
http://www.voestalpine.com
end of announcement euro adhoc
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issuer: voestalpine AG
voestalpine-Straße 1
A-4020 Linz
phone: +43 50304/15-9949
FAX: +43 50304/55-5581
mail: IR@voestalpine.com
WWW: www.voestalpine.com
sector: Metal Goods & Engineering
ISIN: AT0000937503
indexes: WBI, ATX Prime, ATX
stockmarkets: official market: Wien
language: English