voestalpine AG Annual Report 2015/16

Quarterly development of the voestalpine Group
In millions of euros					BY
	1^st quarter 2015/16¹	2^nd quarter 2015/16¹	3^rd quarter 2015/16	4^th quarter 2015/16	2015/16	2014/15¹	Change in %

Revenue	3,001.7	2,785.0	2,593.7	2,688.3	11,068.7	11,189.5	–1.1
EBITDA	526.6	365.5	315.2	376.1	1,583.4	1,530.1	3.5
EBITDA margin	17.5%	13.1%	12.2%	14.0%	14.3%	13.7%
EBIT	368.4	206.7	151.9	161.8	888.8	886.2	0.3
EBIT margin	12.3%	7.4%	5.9%	6.0%	8.0%	7.9%
Profit before tax (EBT)	328.2	176.4	123.9	122.8	751.3	739.0	1.7
Profit after tax²	289.5	131.3	87.7	93.6	602.1	595.0	1.2
Employees (full-time equivalent)	48,653	48,719	47,900	48,367	48,367	47,418	2.0

1 Business year 2014/15, Q1 2015/16 and Q2 2015/16 retroactively adjusted. Further details are given in the Notes to the consolidated financial statements 2015/16 under “B. Summary of accounting policies”.
2 Before deduction of non-controlling interests and interest on hybrid capital.

Quarterly development of the voestalpine Group adjusted
In millions of euros					BY
	1^st quarter 2015/16¹	2^nd quarter 2015/16¹	3^rd quarter 2015/16	4^th quarter 2015/16	2015/16	2014/15¹	Change in %

Revenue	3,001.7	2,785.0	2,593.7	2,688.3	11,068.7	11,189.5	–1.1
EBITDA adjusted	389.0	365.5	315.2	376.1	1,445.8	1,468.2	–1.5
EBITDA margin adjusted	13.0%	13.1%	12.2%	14.0%	13.1%	13.1%
EBIT adjusted	236.9	212.9	158.2	206.4	814.4	841.0	–3.2
EBIT margin adjusted	7.9%	7.6%	6.1%	7.7%	7.4%	7.5%
Profit before tax (EBT) adjusted	196.7	182.6	130.1	167.4	676.8	693.8	–2.5
Profit after tax² adjusted	151.7	138.7	92.3	127.1	509.8	552.6	–7.7
Employees (full-time equivalent)	48,653	48,719	47,900	48,367	48,367	47,418	2.0

1 Business year 2014/15, Q1 2015/16 and Q2 2015/16 retroactively adjusted. Further details are given in the Notes to the consolidated financial statements 2015/16 under “B. Summary of accounting policies”.
2 Before deduction of non-controlling interests and interest on hybrid capital.

Quarterly development of the voestalpine Group