EANS-Adhoc: voestalpine AG /voestalpine slightly increases Earnings Before Tax
and Net Profit despite difficult macroeconomic environment in FY 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/annual report
04.06.2014
In spite of an all in all challenging macroeconomic environment, voestalpine was
able to slightly improve its Earnings Before Tax as well as its Net Profit in FY
2013/14 compared to the previous year.
This development is based on an improvement of the financial result, due to
decreased gross-debt levels and improved financing conditions, and on the other
hand on a somewhat decreased, but nonetheless solid operational performance
(EBITDA).
In detail, Metal Forming Division generated double digit growth rates with
respect to profit from operations, Metal Engineering Division maintained the
excellent levels of operational performance and Special Steel Division was able
to deliver stable operational results as well, whereas the Steel Division
reports a significant drop in earnings due to the very weak market situation in
the energy segment (heavy plate for pipelines) and the structural problems of
the European steel industry in general.
Against the background of a stabilizing economic environment, the Group is
anticipating for 2014/15 an operating result (EBITDA) and profit from operations
(EBIT) somewhat above the past business year's level.
Dividend: EUR 0.95 per share, proposal to AGM
Key Figures of voestalpine Group
__________________________________________________________
|(acc._IFRS;_in_EURm)_____|FY_2012/13|FY_2013/14____|Change|
|_________________________|4/1/12_-__|4/1/13_-______|in_%__|
|_________________________|3/31/13___|3/31/14_______|______|
|Revenue__________________|11,524.4__|11,228.0______|-2.6__|
|EBITDA___________________|1,431.3___|1,382.7_______|-3.4__|
|EBITDA_margin_in_%_______|12.4______|12.3__________|______|
|EBIT_____________________|843.1_____|792.3_________|-6.0__|
|EBIT_margin_in_%_________|7.3_______|7.1___________|______|
|Profit_before_tax________|654.7_____|656.0_________|0.2___|
|Profit_for_the_period*___|521.9_____|522.9_________|0.2___|
|EPS_(in_EUR)_____________|2.61______|2.60__________|______|
|Gearing_ratio_in_%_______|44.5______|45.8__________|______|
|Dividend_per_share_in_EUR|0.90______|0.95(proposal)|5.6___|
* Before minority interest and hybrid capital interest
Additional information as well as the Annual Report 2013/14 of voestalpine AG as
of the effective date of March 31, 2014 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