EQS-Adhoc: voestalpine AG: Results of first half of BY 2024/25 below market expectation because of one-off effects, furthermore economic downturn requires adjustment of earnings forecast for full BY 2024/25
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EQS-Ad-hoc: voestalpine AG / Key word(s): Profit Warning Following the restructuring steps already taken in the past, the Management Board of voestalpine AG has decided to transfer the strategic process initiated to reposition Buderus Edelstahl into a sales process. Based on the current status of negotiations, the required quarterly valuation leads to negative one-offs of about EUR 50 million for the second quarter of the business year 2024/25. Hence, the Management Board of voestalpine expects an EBITDA of around EUR 300 million for the second quarter of business year 2024/25 (EBIT of around EUR 110 million), respectively for the first half of business year 2024/25 an EBITDA of around EUR 720 million (EBIT of around EUR 340 million) and therefore results below the market expectation.
The final results for the first half of the business year 2024/25 will be published as planned on November 13, 2024. Based on the expected earnings figures for the first half of the business year 2024/25, the significant economic downturn in Europe and the expected one-off effects from the reorganization of the Business Unit Automotive Components in Germany in the course of the second half of business year 2024/25, the Management Board of voestalpine AG from today's point of view expects an EBITDA of around EUR 1.4 billion for the full business year 2024/25. With the sale of Buderus Edelstahl the High Performance Metals Division is concentrating its product portfolio on the high-tech segment of special materials and reducing the production share of tool steel and engineering steel in the standard grade area. The non-recurring burdens on earnings in this business year described above strengthen voestalpine Group's future earnings potential in a markedly changing economic and regulatory restrictive environment. End of Inside Information
14-Oct-2024 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: | 2007985 |
| End of Announcement | EQS News Service |
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2007985 14-Oct-2024 CET/CEST
Boersengefluester.de (BGFL) provides an overview of the key figures on sales, earnings, cash flow and dividends to help you better assess the fundamental development of the respective companies. All information is entered manually in our database - the source is the respective annual reports. All estimates for future figures are provided by BGFL.
| The most important financial data at a glance | ||||||||
| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024e | ||
| Sales1 | 13.560,70 | 12.717,20 | 11.266,60 | 14.923,20 | 18.225,10 | 16.684,30 | 17.000,00 | |
| EBITDA1,2 | 1.564,60 | 1.181,50 | 1.134,50 | 2.291,30 | 2.544,60 | 1.666,10 | 1.400,00 | |
| EBITDA-Margin3 | 11,54 | 9,29 | 10,07 | 15,35 | 13,96 | 9,99 | 8,24 | |
| EBIT1,4 | 779,40 | -89,00 | 115,20 | 1.454,30 | 1.624,20 | 913,30 | 320,00 | |
| EBIT-Margin5 | 5,75 | -0,70 | 1,02 | 9,75 | 8,91 | 5,47 | 1,88 | |
| Net Profit (Loss)1 | 458,60 | -216,50 | 31,70 | 1.330,30 | 1.178,70 | 207,10 | 45,00 | |
| Net-Margin6 | 3,38 | -1,70 | 0,28 | 8,91 | 6,47 | 1,24 | 0,27 | |
| Cashflow1,7 | 1.166,60 | 1.304,00 | 1.633,50 | 1.249,90 | 956,20 | 1.447,90 | 0,00 | |
| Earnings per share8 | 2,31 | -1,24 | 0,24 | 7,28 | 6,01 | 0,59 | 0,25 | |
| Dividend per share8 | 1,10 | 0,20 | 0,50 | 1,20 | 1,50 | 0,70 | 0,10 | |
1 in Mio. Euro; 2 EBITDA = Earnings before interest, taxes, depreciation and amortisation; 3 EBITDA in relation to sales; 4 EBIT = Earnings before interest and taxes; 5 EBIT in relation to sales; 6 Net profit (-loss) in relation to sales; 7 Cashflow from operations; 8 in Euro; Source: boersengefluester.de
Auditor: Deloitte
All relevant valuation ratios, dates and other investor information on your share at a glance. Good to know: All data comes from boersengefluester.de and is updated daily. This means you are always up to date. You can get brief explanations of the key figures by moving the cursor or mouse over the relevant field.
| INVESTOR-INFORMATION | ||||||
| ©boersengefluester.de | ||||||
| Voestalpine | ||||||
| WKN | ISIN | Legal Type | Marketcap | IPO | Recommendation | Plus Code |
| 897200 | AT0000937503 | AG | 3.196,03 Mio € | 09.10.1995 | Verkaufen | 8FWP78HC+7C |
| PE 2025e | PE 10Y-Ø | BGFL-Ratio | Shiller-PE | PB | PCF | KUV |
| 16,27 | 14,45 | 1,13 | 6,88 | 0,45 | 2,21 | 0,19 |
|
Dividend '2022 in € |
Dividend '2023 in € |
Dividend '2024e in € |
Div.-Yield '2024e in % |
| 1,50 | 0,70 | 0,10 | 0,56% |
| Annual General Meeting | Q1-figures | Q2-figures | Q3-figures | Annual press conference |
| 03.07.2024 | 06.08.2025 | 13.11.2024 | 12.02.2025 | 04.06.2025 |
| Distance 60-days-line | Distance 200-days-line | Performance YtD | Performance 52 weeks | IPO |
| -7,40% | -21,27% | -36,79% | -37,54% | +245,56% |
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