- Global economic development very inconsistent in 2014
- North America experiences sustained growth pattern; China continues with solid development
- Japan is stagnating, Brazil continues to be weak, and Russia is in recession
- After an optimistic start, economic recovery in Europe once again a non-starter
- Despite difficult economic environment, voestalpine increases earnings and margins
- At EUR 8,254.9 million in the first three quarters of 2014/15, revenue remains practically unchanged compared to previous year (EUR 8,268.8 million)
- EBITDA increases by 8.8% from EUR 999.6 million in the previous year to EUR 1,087.2 million; at EUR 627.4 million, EBIT up by 10.2% vis-à-vis the previous year’s figure of EUR 569.3 million
- In the first nine months of 2014/15, earnings positively impacted by non-recurring effects of EUR 66.5 million (EBITDA) and EUR 45.2 million (EBIT)
- Even after adjustment, EBITDA still 2.1% and EBIT 2.3% above previous year’s figures
- Above average gain in profit before tax (from EUR 444.3 million to EUR 530.6 million) and profit for the period (from EUR 349.7 million to EUR 442.8 million)
- Compared to March 31, 2014, gearing ratio up to 61.6% (46.0%, retroactively adjusted) because hybrid bond 2007 called as of October 31, 2014
- HBI project in Texas is being implemented on schedule
