UK markets close in 7 hours 27 minutes
  • FTSE 100

    7,512.28
    +11.39 (+0.15%)
     
  • FTSE 250

    20,364.34
    +25.38 (+0.12%)
     
  • AIM

    934.30
    +1.10 (+0.12%)
     
  • GBP/EUR

    1.1830
    +0.0010 (+0.08%)
     
  • GBP/USD

    1.2105
    -0.0034 (-0.28%)
     
  • BTC-GBP

    19,869.71
    -785.40 (-3.80%)
     
  • CMC Crypto 200

    571.42
    +0.14 (+0.03%)
     
  • S&P 500

    4,280.15
    +72.88 (+1.73%)
     
  • DOW

    33,761.05
    +424.35 (+1.27%)
     
  • CRUDE OIL

    90.36
    -1.73 (-1.88%)
     
  • GOLD FUTURES

    1,801.50
    -14.00 (-0.77%)
     
  • NIKKEI 225

    28,871.78
    +324.80 (+1.14%)
     
  • HANG SENG

    20,066.04
    -109.58 (-0.54%)
     
  • DAX

    13,785.21
    -10.64 (-0.08%)
     
  • CAC 40

    6,555.43
    +1.57 (+0.02%)
     

voestalpine AG: voestalpine beats market expectations for Q1 2022/23 results

  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
·2-min read
In this article:
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.

voestalpine AG / Key word(s): Quarter Results/Preliminary Results
voestalpine AG: voestalpine beats market expectations for Q1 2022/23 results

14-Jul-2022 / 19:43 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


The preliminary results for the first quarter of Business Year 2022/23, with a revenue of EUR 4,647 million, are as follows

EBITDA: EUR 877 million

EBIT: EUR 691 million

and thus, significantly beats market expectations.

Based on this excellent first quarter and the current expectations for the remaining Business Year 2022/23, the Management Board of voestalpine AG expects an EBITDA in the amount of approximately EUR 2 billion for the entire Business Year 2022/23 (outlook to date: EBITDA between 1.8 billion and 2 billion EUR).

This outlook implies that the currently hardly quantifiable risks (economic development, supply chain disruptions, development of customer demand, raw material and energy cost as well as the security of supply of natural gas in Europe) remain manageable.

The publication of the final results for the first quarter of 2022/23 will take place on August 4, 2022, as scheduled.

 

 

 

 

 

 

 

 

 

Further inquiry note:

 

voestalpine AG

Peter Fleischer

Head of Investor Relations

 

voestalpine-Strasse 1

4020 Linz, Austria

T. +43/50304/15-9949

peter.fleischer@voestalpine.com

www.voestalpine.com

 

voestalpine AG

14-Jul-2022 CET/CEST News transmitted by EQS Group AG. www.eqs.com

Language:

English

Company:

voestalpine AG

voestalpine-Straße 1

4020 Linz

Austria

Phone:

+43 50304/15-9949

Fax:

+43 50304/55-5581

E-mail:

IR@voestalpine.com

Internet:

www.voestalpine.com

ISIN:

AT0000937503

WKN:

897200

Listed:

Vienna Stock Exchange (Official Market)

EQS News ID:

1398403


 

End of Announcement

EQS News Service

show this
show this
Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting