Profit after tax
In millions of euros
EPS – Earnings per share
In euros
The voestalpine Group also posted excellent numbers for the business year 2017/18 in the profit before and after tax (net income) categories. After gradually declining in recent years, net interest expense rose slightly in the current business year. Nevertheless, the profit before tax jumped 48.9% year over year from EUR 699.9 million in 2016/17 to EUR 1,042.5 million in 2017/18. In contrast to the net interest expense, the tax rate for the same period fell from 24.7% to 21.5%. This boosted the profit after tax by 55.2% from EUR 527.0 million in the previous year to EUR 817.9 million in the current year. Both the profit before tax and the profit after tax are at an all-time high.