- Moderate economic recovery continues in Europe; strong demand persists in North America; growing uncertainty regarding developments in China; revival in India; recession in Brazil and Russia
- voestalpine Group significantly increases revenue and earnings in the first half of 2015/16
- Even excluding positive non-recurring effects, gain in revenue and substantially higher earnings
- Revenue up by 4.1% from EUR 5,561.1 million to EUR 5,786.7 million
- In a year-to-year comparison, EBITDA goes up by 17.9% from EUR 756.9 million to EUR 892.3 million (excluding non-recurring effects1, increase of 9.3% from EUR 690.4 million to EUR 754.7 million)
- EBIT improves by 29.4% from EUR 444.7 million to EUR 575.3 million (excluding non-recurring effects, increase of 12.7% from EUR 399.5 million to EUR 450.1 million)
- Even excluding non-recurring effects, EBITDA and EBIT margins rise from 12.4% to 13.0% and from 7.2% to 7.8% respectively
- At EUR 505.7 million, profit before tax climbs by 29.1% from EUR 391.7 million (excluding non-recurring effects, EUR 380.5 million, a gain of 9.8%)
- Profit for the period up by 33.3%, going from EUR 315.6 million in the previous year to EUR 420.6 million (excluding non-recurring effects, EUR 290.2 million, a rise of 6.6%)
- At 57.2%, gearing ratio (net financial debt in percent of equity) improves both compared to September 30, 2014 (58.8%) and March 31, 2015 (58.4%) despite distribution of dividends in July
- Construction of the direct reduction plant in Corpus Christi, Texas, is proceeding on schedule
1 Positive non-recurring effects in the first half of the business year 2014/15 due to divestments and in the first half of the business year 2015/16 due to changes in consolidation.