Takeover or purchase of companies or of interests in companies.
Asset deal
Company takeover, where the buyer purchases individual assets (rather than shares).
“Austrian Traded Index,” the leading index of the Vienna Stock Exchange, which contains the 20 most important stocks in the prime market segment.
Capital employed
Total employed interest-bearing capital.
Cash flow
• From investing activities: outflow/inflow of liquid assets from investments/disinvestments;
• From operating activities: outflow/inflow of liquid assets not affected by investment, disinvestment, or financing activities.
• From financing activities: outflow/inflow of liquid assets from capital expenditures and capital contributions.
EBIT (earnings before interest and taxes)
Profit before the deduction of taxes, non-controlling interests, and financial result.
EBIT margin
EBIT as a percentage of revenue.
EBITDA (earnings before interest, taxes, depreciation, and amortization)
Profit before the deduction of taxes, non-controlling interests, financial result, and depreciation and amortization expenses.
EBITDA margin
EBITDA as a percentage of revenue.
Assets made available to a corporation by the owners through deposits and/or contributions or from retained profits.
Equity ratio
Equity divided by total assets.
Free float
The portion of the share capital that is actively traded on the stock exchange.
Full-time equivalent (FTE)
A full-time employee corresponds to a full-time equivalent of one, part-time employees are taken into account on a pro-rata basis corresponding to their working hours.
Ratio of net financial debt to equity.
Gross profit
Revenue less cost of sales.
IFRS (International Financial Reporting Standards)
Accounting regulations developed to guarantee comparable accounting and disclosure.
Market capitalization
Market capitalization reflects the current market price of an exchange-listed company.
Net financial debt
Interest-bearing liabilities less interest-earning assets.
An evaluation of the credit quality of a company recognized on international capital markets.
Return on equity
ROE is the ratio of profit for the period to equity as recorded in the previous period.
ROCE (return on capital employed)
ROCE is the ratio of EBIT to average capital employed, that is, profit generated by the capital invested.
The degree of fluctuation in stock prices and currency exchange rates or in prices of consumer goods in comparison to the market.
Weighted average cost of capital (WACC)
Average capital costs for both borrowed capital and equity.

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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