Online Annual Report   
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Business development of the voestalpine Group1,2


Due to the extremely challenging economic circumstances, in the business year 2009/10, the voestalpine Group incurred a significant decline in revenue and operating result compared to the previous year; nevertheless, all reporting categories are continuing to show substantial profits.

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.

2 Retroactive adjustment in accordance with IFRS 5 in the Automotive Division—Reinclusion of the division’s plastics operations and of Amstutz Levin & Cie under continued operations.