14. Inventories

 

 

03/31/2019

 

03/31/2020

 

 

 

 

 

Raw materials and supplies

 

1,403.7

 

1,293.2

Work in progress

 

1,127.4

 

914.0

Finished goods

 

1,267.3

 

1,205.2

Merchandise

 

194.8

 

137.3

As yet unbillable services

 

9.2

 

4.4

Advance payments

 

50.6

 

44.1

 

 

4,053.0

 

3,598.2

 

 

 

 

 

In millions of euros

The Consolidated Financial Statements contain write-downs to the lower net realizable value in the amount of EUR 187.6 million (March 31, 2019: EUR 155.7 million). The carrying amount of the inventories that have been written down to the lower net realizable value is EUR 865.0 million (March 31, 2019: EUR 605.2 million). As in the previous year, no inventories are pledged as security for liabilities as of March 31, 2020. An amount of EUR 6,846.4 million (March 31, 2019: EUR 7,195.4 million) has been recognized as cost of materials.


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.

Facts

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

Earnings FY 2019/20

€ 12.7 Billion

Revenue

€ 1.2 Billion

EBITDA

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