Operating income

EBITDA

In millions of euros

EBIT

In millions of euros

In terms of earnings, the voestalpine Group improved its performance year-over-year. Operating profit (EBITDA) increased by 10.3% from EUR 1,346.4 million (margin 8.6%) in the 2024/25 business year to EUR 1,485.6 million (margin 9.9%) in the 2025/26 business year. Broken down by segment, only the Metal Engineering Division’s EBITDA declined due to challenging conditions in the Industrial Systems business unit, whereas the Steel Division saw a slight increase and the High Performance Metals Division and the Metal Forming Division posted significant gains. The improvement in operating profit was particularly striking in those two areas that had initiated comprehensive reorganization measures in the prior year. It should be noted in this context that the prior-year figures for these two divisions included negative one-off effects. In the High Performance Metals Division, expenses related to the sale process of Buderus Edelstahl (EUR 83 million), impairment charges on goodwill for the High Performance Metals Production cash-generating unit (EUR 78 million), and expenses for the reorganization of sales locations (EUR 16 million) reduced operating profit (EBIT) by a total of EUR 176 million, of which EUR 92 million also had a negative impact on EBITDA. In the Metal Forming Division, the 2024/25 business year included negative effects on EBITDA amounting to EUR 45 million and on EBIT amounting to EUR 87 million as a result of the reorganization at Automotive Components and an impairment charge on goodwill for the Automotive Components cash-generating unit. Based on the reported figures in accordance with IFRS, the voestalpine Group significantly increased EBIT by 59.0% from EUR 455.1 million (margin 2.9%) to EUR 723.5 million (margin 4.8%).