Operating income


In millions of euros

EBITDA (bar chart)


In millions of euros

EBIT (bar chart)

EBITDA decreased year over year by 24.5%, from EUR 1,564.6 million in the business year 2018/19 to EUR 1,181.5 million in the business year 2019/20. While this decline is largely due to the gradual dampening of economic sentiment, all divisions recorded lower EBITDA.

EBIT of the voestalpine Group was substantially affected by large impairment losses in the reporting period, with the result that this earnings category for the business year 2019/20 is negative at EUR –89.0 million. voestalpine had posted EBIT of EUR 779.4 million in the business year 2018/19. The analysis of the development of EBIT over the course of the reporting period underscores the impact of the non-recurring effects: It was clearly positive in the first two quarters, but negative in both subsequent quarters.

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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