Cash flow

Cash flows from operating activities rose year over year, specifically, from EUR 1,166.6 million in the business year 2018/19 to EUR 1,304.0 million in the business year 2019/20, an increase of 11.8%. While the profit after tax for the reporting period is negative, the year-over-year change in working capital from EUR –137.1 million in the previous year to EUR 433.9 million in the business year ended is clearly positive.

The investments of the voestalpine Group in the business year 2019/20 were slightly lower year over year. Cash flows from investing activities are EUR –606.8 million (previous year: EUR –810.0 million). The cash flows from Group financing activities in the business year 2019/20 are EUR –374.3 million (previous year: EUR –579.3 million).This results in an increase of cash and cash equivalents in the business year 2019/20 by EUR 322.9 million (previous year: decrease of EUR 222.7 million).

About voestalpine

In its business segments, voestalpine is a globally leading steel and technology group with a unique combination of materials and processing expertise. voestalpine, which operates globally, has around 500 Group companies and locations in more than 50 countries on all five continents. It has been listed on the Vienna Stock Exchange since 1995. With its top-quality products and system solutions, it is a leading partner to the automotive and consumer goods industries as well as the aerospace and oil & gas industries, and is also the world market leader in railway systems, tool steel, and special sections. voestalpine is fully committed to the global climate goals and is working intensively to develop technologies which will allow it to decarbonize and reduce its CO2 emissions over the long term. In the business year 2019/20, the Group generated revenue of EUR 12.7 billion, with an operating result (EBITDA) of EUR 1.2 billion; it had about 49,000 employees worldwide.


50 Countries on all 5 continents
500 Group companies and locations
49,000 Employees worldwide

Earnings FY 2019/20

€ 12.7 Billion


€ 1.2 Billion


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