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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
05.06.2013
voestalpine with boost in earnings, high cash flow and continuing strong
deleveraging in Financial Year 2012/13
Despite the difficult macroeconomic environment, voestalpine achieved
significant gains in all earnings categories in comparison to the preceding
business year (which was affected by one-offs). All four divisions contributed
to this development with unchanged solid profits.
The Steel Division developed largely stable in an economically very difficult
environment and confirmed its position as benchmark of the European steel
industry. The Special Steel and Metal Forming Division showed an unchanged
strong profit situation despite a moderate slowdown of earnings. The Metal
Engineering Division once more achieved outstanding results, based on its broad
portfolio and high specialization.
The positive earnings were translated into remarkable cash generation: In spite
of significantly increased investments to EUR 851.5 million (surplus of 50 %
compared to EUR 574.6 million in 2011/12), free cash flow of more than EUR 500
million was obtained, which was used for both, increasing the dividend (from EUR
0,80 to 0,90* per share) as well as further debt reduction. Compared to the
previous year, the gearing ratio (net financial debt in proportion to equity)
dropped by 9 percentage-points to 44.5 % per March 31, 2013.
*) Proposal to AGM
Key Figures of voestalpine Group
(acc. IFRS; in EURm) FY 2011/12 FY 2012/13 Change
4/1/11 - 4/1/12 - in %
3/31/12 3/31/13
Revenue 12,058.2 11,524.4 -4.4
EBITDA 1,301.9 1,441.8 10.7
EBITDA margin in % 10.8 % 12.5 %
EBIT 704.2 853.6 21.2
EBIT margin in % 5.8 % 7.4 %
Profit before tax 504.4 654.7 29.8
Profit for the period* 413.3 521.9 26.3
EPS (in EUR) 1.98 2.61
Gearing ratio in % 53.5 % 44.5 %
Dividend per share in EUR 0.80 0.90 (proposal) 12.5
* Before minority interest and hybrid capital interest
Additional information as well as the full year report 2012/13 of voestalpine AG
as of the effective date of March 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