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Profit before tax and profit after tax

Profit after tax

In millions of euros

Profit after tax (bar chart)

EPS – Earnings per share

In euros

EPS – Earnings per share (bar chart)

According to the figures published in accordance with IFRS, profit before tax and profit after tax were both down year-over-year in the business year 2016/17. This means that in accordance with IFRS, profit before tax declined by 6.8% from EUR 751.3 million to EUR 699.9 million, while profit after tax fell by 12.5% from EUR 602.1 million to EUR 527.0 million. Excluding non-recurring effects, which totaled EUR 74.5 million in 2015/16 and EUR –16.6 million in 2016/17 for profit before tax, and EUR 92.3 million in 2015/16 and EUR –12.5 million in 2016/17 for profit after tax, the adjusted figures for profit before tax and profit after tax both improved compared to the previous year. Adjusted for non-recurring effects, profit before tax increased by 5.9%, rising from EUR 676.8 million to EUR 716.5 million as a result of the further decline in net interest charges, among other factors. Also adjusted for non-recurring effects, profit after tax rose by 5.8% from EUR 509.8 million to EUR 539.4 million in the same period. Since the positive non-recurring effects in the business year 2015/16 were not taxable, the tax rate in the previous year (based on the reported figures) was only just under 20% (2016/17: 24.7%). In contrast, the adjusted tax rate for the business year 2016/17 was 24.7%, identical to the adjusted prior-year figure.

About voestalpine

In its business segments, voestalpine is a globally leading technology and capital goods group with a unique combination of material and processing expertise. With its top-quality products and system solutions using steel and other metals, it is a leading partner to the automotive and consumer goods industries in Europe and to the aerospace, oil and gas industries worldwide. The voestalpine Group is also the world market leader in turnout technology, special rails, tool steel, and special sections.


50 Countries on all 5 continents
500 Group companies and locations
50,000 Employees worldwide

Earnings FY 2016/17

€ 11.3 Billion


€ 1.54 Billion


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