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Highlights 2017/18

  • Strong economic development, comprehensive internationalization strategy as well as consistent innovation, efficiency, and cost management lead to all-time-highs in revenue and all earnings categories
  • Strong growth momentum in Europe, China, India as well as largely in North America, Brazil back on expansion track after four years of recession
  • “America First” policy dampens economic sentiment, but de facto effects on real economy modest up to now
  • Automotive industry remains strong; consumer goods and aerospace stable on a high level; continued recovery in oil and gas; upward trend in mechanical engineering, construction; potential for improvement in railway systems
  • Revenue rises by 14.2% from EUR 11,295 million to EUR 12,898 million
  • Operating result (EBITDA) improves by 26.8% to EUR 1,954 million (previous year: EUR 1,541 million), EBITDA margin of 15.2% (previous year: 13.6%)
  • Profit from operations (EBIT) jumps by 43.3% to EUR 1,180 million (previous year: EUR 823 million), EBIT margin of 9.1% (previous year: 7.3%)
  • Profit before tax soars by 48.9% from EUR 700 million in the previous year to EUR 1,043 million in 2017/18
  • Profit after tax soars by 55.2% from EUR 527 million in the previous year to EUR 818 million
  • Equity climbs to EUR 6,554 million as of March 31, 2018 (EUR 6,060 million as of March 31, 2017)
  • Gearing ratio (net financial debt relative to equity) falls from 53.2% in the previous year to 45.7%
  • Dividend proposed to the Annual General Meeting: EUR 1.40 EUR per share (previous year: EUR 1.10 per share), sixth consecutive year of dividend increases
  • Fully digitalized 550,000 ton wire rod mill goes into regular operations, “new special steel plant” and “hydrogen pilot plant” investment projects approved

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
51,600 Employees worldwide

Earnings FY 2017/18

€ 13 Billion


€ 2 Billion


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