Changes in the scope of consolidation

The changes made in the scope of consolidation during the first half of the business year 2020/21 were as follows:

 

 

Full consolidation

 

Equity
method

 

 

 

 

 

As of April 1, 2020

 

279

 

10

Additions from acquisitions

 

 

 

 

Change in the consolidation method and incorporation

 

 

 

 

Additions

 

2

 

 

Disposals

 

 

 

 

Reorganizations

 

–2

 

 

Divestments or disposals

 

 

 

 

As of September 30, 2020

 

279

 

10

Of which foreign companies

 

225

 

4

The following entities were deconsolidated in the Interim Consolidated Financial Statements in the first half of the business year 2020/21:

Name of entity

 

Date of deconsolidation

 

 

 

Reorganizations

 

 

Sturdell Industries Inc., CAN

 

April 1, 2020

Sturdell Industries, Inc., USA

 

April 1, 2020

The following entities are being included in the Interim Consolidated Financial Statements for the first time in the first half of the business year 2020/21:

Name of entity

 

Equity interest in %

 

 

 

Full consolidation

 

 

VALIDA Railway Systems Investment Co. Ltd.

 

50.000%

voestalpine Signaling China Co. Ltd.

 

100.000%

The additions to the scope of consolidation of fully consolidated entities include two newly established entities.


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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