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Special Steel Division


Dkfm. Dr. Claus J. Raidl, Member of the Management Board (photo)

 

“Leadership and individual responsibility”

It is important to strike the right balance between leadership and the greatest possible level of individual responsibility. As much decentralization as possible, so that operating units can develop customized solutions to meet individual requirements, yet simultaneously with sufficient strategic direction so as not to lose sight of the overall target. By treading this middle course we have managed to overcome the crisis and now face future challenges with optimism.

Dkfm. Dr. Claus J. Raidl

Key figures of the Special Steel Division1

 

 

 

 

 

(XLS:) Download 

In millions of euros

 

 

2008/09

 

2009/10

 

Change
in %

 

 

 

 

 

 

 

 

 

 

 

 

 

1 In accordance with IFRS, all figures after application of the purchase price allocation (ppa). For explanatory remarks on the ppa, please refer to the inside cover page of the Annual Report 2007/08.

Revenue

 

3,530.6

 

2,358.4

 

–33.2

EBITDA

 

363.3

 

153.1

 

–57.9

EBITDA margin

 

10.3%

 

6.5%

 

 

EBIT

 

55.0

 

–79.6

 

 

EBIT margin

 

1.6%

 

–3.4%

 

 

Employees (excl. temporary personnel and apprentices)

 

14,734

 

13,762

 

–6.6