$VOE (+0.54%)
$1211 (-1.64%)

https://www.derstandard.at/story/3000000275401/voestalpine-liefert-stahlblech-f252r-b

$VOE (+0.54%)
https://ooe.orf.at/stories/3308198/

Earnings before interest, taxes, depreciation and amortization (EBITDA) fall from 1.7 billion to 1.3 billion

Net profit fell from 207 to 179 million euros.

Turnover decreased by 5.6 percent to 15.7 billion euros

Dividend now reduced to 0.60 (previously: 0.70) euros per share.

The decline in earnings was justified by a gloomy market environment and internal restructuring measures within the Group. Among other things, Voestalpine sold the subsidiary Buderus Edelstahl (sale to $MUX) (+1.53%) and adjusted its sales structure.

For 2025/26, the Group expects EBITDA of between EUR 1.4 and 1.55 billion. The announced US tariffs on steel products are likely to have a negative impact on earnings in the mid double-digit million euro range.

As always, first the link to the first post, where you will also find the links to all the other parts https://getqu.in/cbIOkg/

Today there are a few more details on the indicators from part 3 https://getqu.in/9XGYtO/

As described in part 3, I start my analysis with the SMA 200 / 50 / 5 daysto get an overview of the trend.

Example $UBER (-3.04%)

For me, an important setting for the SMA is that I always use the SMA regardless of my chart setting always on a daily basis. daily basis. This means that even if I have set the chart to weekly or 4h, it always shows me the SMA on a daily basis.

Example $UBER (-3.04%) 1h hour chart - but the SMA are still on a daily basis, not like the default setting, which always refers to the chart - then the SMAs would be calculated on a 200 / 50 / 5 hour basis!

Next, I'll get the VRVP to see the volumes. I have set the chart to the range since Uber has been in an overarching sideways phase.

I can see the price area with the highest volume and the distribution where 68% of the volume has taken place.

My VRVP settings are as follows, I adjust the line size depending on the visible range - the larger the range, the larger the number of lines.

So, I now have a good overview of the trend after a few minutes.

Now it's time to continue with the VWAP. My anchored VWAP I place it in a prominent position for me. In this case the last low before the start of the sideways phase. This is how I see the "DNA" of Uber - How does Uber behave in the statistical areas of the volume-weighted average price.

For my short-term trades, I zoom into the close range, but the anchored VWAP remains. I only switch to the 1 hour chart and the last few months.

The white circles then show potential entries and exits for me. The orange circles at the bottom show the earnings, there's always a lot of movement😁

Of course, I also look in detail at the price action, i.e. the candles per time unit.

In principle, this describes my main procedure for determining the buy/sell point.

That's it 🤷‍♂️ has been working for me for a long time with the outcome as described in part 2 https://getqu.in/TVNdpR/

Because of the overview, I have hidden the VRVP in the VWAP views, but I always leave it on for my analysis.

Example anchored VWAP with VRVP and SMA5 for the short-term trend

Example anchored VWAP with VRVP and VWAP on a weekly basisI can see where the VWAP of the current week has moved. It's also nice to see how and where the big volumes of the week have positioned themselves 😁

So, that's a bit more detail on my setup. As you can see, with a little practice and routing, you can analyze a stock in a short time. For me, such an analysis usually takes no longer than 10 minutes and I know whether a trade makes sense for me and where to place my buy and sell orders.

PS: I have found a clever script on TradingView for some of my stock screener filters. You can always display some criteria live - in the chart at the bottom right

You can find it under the indicators: Ticker Dashboard For Better Stock Selection

$ADYEN (+1.93%)
$MMK (+0.52%)
$MRK (-0.15%)
$KTN (+1.62%)
$BRBY (+5.42%)
$OMV (-0.28%)
$VER (-0.34%)
$BG (+1.18%)
$VOE (+0.54%)
$ZAL (-1.12%)
$VRTX (-0.22%)
$RDC (+0.17%)

#trading

Primetals Technologies, together with its partner Mitsubishi $8058 (+0.91%)the steel manufacturer voestalpine $VOE (+0.54%) and the mining group Rio Tinto $RIO (+0.3%) signed a cooperation agreement for the construction of an industrial-scale prototype plant for hydrogen-based iron production in Linz, Austria.

The aim of the partners is to drive forward the development of fluidized bed and smelting technologies that could lead to net-zero CO2 emissions in iron production. The plant, which is scheduled to go into operation in mid-2027, will be the first time that a hydrogen-based direct reduction plant for fine ore will be integrated with a smelting plant producing pig iron briquettes, pig iron and pig iron.

The prototype plant will combine two core technologies of Primetals Technologies - hydrogen-based fine ore reduction (HYFOR) and the smelter. HYFOR is the first DR technology for processing iron ore fines without agglomeration and has been in pilot operation at the voestalpine Donawitz site since 2021. The smelter uses renewable energy to melt and further reduce the direct reduced iron (DRI), producing pig iron with potentially zero CO2 emissions.

"This project represents a significant step forward in future-proof ironmaking - for the first time we will implement a continuous production process with hydrogen-based direct reduction," said Alexander Fleischanderl, Chief Technology Officer and Head of Green Steel at Primetals.

"The combination of HYFOR and Smelter is a highly innovative development that has the potential to change the industry, similar to how the LD converter (BOF) has impacted steel production. We are very proud to have voestalpine, Rio Tinto and Mitsubishi as strong partners and together we are able to play a key role in shaping the future of ironmaking with net CO2 emissions."

The new plant will have a capacity of three tons of pig iron per hour.

Mitsubishi, a strategic partner in the development, will support the expansion of the technology through its ferrous raw materials business. "Mining and trading of ferrous raw materials has been one of our core businesses for many decades, and we intend to develop a new range of low-emission metals to support the decarbonization of the steel industry," said Kenichiro Tauchi, COO of the Group's ferrous raw materials business.

"HYFOR and Smelter are promising new technologies to accelerate the decarbonization of the steel industry, and Mitsubishi Corporation is pleased to participate as a strategic partner of Primetals Technologies in the development of these breakthrough technologies together with leading partners in the steel supply chain."

voestalpine sees the project as being in line with its greentec steel strategy. "With greentec steel, voestalpine has a clear step-by-step plan for CO2-neutral steel production," says voestalpine CEO Herbert Eibensteiner.

"As a first step, a green electric arc furnace will be put into operation at both the Linz and Donawitz sites from 2027. By 2029, we will reduce our CO2 emissions by up to 30% compared to 2019. This corresponds to almost 5% of Austria's total annual CO2 emissions and makes greentec steel the largest climate protection program in Austria. Our long-term strategy is to achieve climate-neutral steel production with green hydrogen. Together with Primetals Technologies and Rio Tinto, we are taking a completely new and promising path in research into hydrogen-based pig iron production."

Rio Tinto, one of the world's largest iron ore producers, will supply 70% of the iron ore feedstock for the plant, sourced from its Pilbara operations, the Iron Ore Company of Canada and the future Simandou operations.

"We are pleased to join a consortium that covers the entire iron and steelmaking value chain," said Thomas Apffel, General Manager for Steel Decarbonization at Rio Tinto. "By contributing our ironmaking expertise and iron ore from the Pilbara, Iron Ore Company of Canada and the future Simandou operations, we aim to drive the development and adoption of fluidized bed technology. This fines-based ironmaking solution is a compelling alternative to shaft furnace technology as it eliminates the need for pelletization, which can offer significant benefits to both steelmakers and mining companies. Rio Tinto welcomes the addition of further participants to the consortium and looks forward to supporting the widespread adoption of this innovative technology."

The project has been supported by several EU and Austrian government initiatives. These include the Austrian Federal Government's "Transformation of Industry" program managed by Kommunalkredit Public Consulting (KPC), the "Twin Transition" initiative managed by Austria Wirtschaftsservice (aws), the EU Coal and Steel Research Fund under the Clean Steel Partnership and the EU's Clean Hydrogen Partnership under the Hydrogen Valleys.

Today the ATX has made its biggest jump in 3 years.

Shares like

$RBI (+2.06%)

$EBS (+0.95%)

$VOE (+0.54%)

have risen well

Question: What do you think about Austrian shares?

In my opinion, a good entry price. Expect a dividend of EUR 1.40 again in less than 5 years. Planned as a long-term investment (dividend) $VOE (+0.54%)

$VOE (+0.54%) In terms of share price, we have once again reached the bottom🥶

It's been a while since you could read anything about the Austrian steel producer here. You only find these lows for VOEST every few years. See also the following daily and weekly charts.

Yesterday there were the 1st half-year figures 2024/2025.

• Focus on high-tech products and broad positioning by sector and region supports Group result

• Sales of EUR 8 billion slightly down on the previous year (EUR 8.5 billion)

• EBITDA of EUR 718 million influenced by negative one-off effects (previous year: EUR 903 million)

• Equity of EUR 7.4 billion stable compared to the balance sheet date (March 31, 2024) Leverage ratio at 27.5 % (March 31, 2024: 22.0%) at a solid level

• Numerous international growth growth projects being implemented

• Successful placement of a green bond - the first European steel company to do so

• Number of employees (FTE) increased by 1% year-on-year to 51,700

• EBITDA outlook at around EUR 1.4 billion

Not available for TL:TR -- the whole thing in more detail📃

The voestalpine Group was confronted with low economic momentum in the current reporting period. This weakened the revenue fell by 5.5% in the first half of 2024/25, from EUR 8,512.8 million in the previous year to EUR 8,042.3 million. The year-on-year decline in sales, which affected all four divisions equally, is the result of lower sales volumes and a drop in prices against the backdrop of falling raw material costs.

The operating result (EBITDA) of the voestalpine Group vdecreased by 20.5% year-on-year in the first half of 2024/25, from EUR 903.4 million (margin of 10.6%) to EUR 718.1 million (margin of 8.9%). The operating result (EBIT) of the voestalpine Group fell by around a third year-on-year, from EUR 519.3 million (margin 6.1%) in the first half of 2023/24 to EUR 338.5 million (margin 4.2%) in the first half of 2024/25.

Outlook.

Outlook:

At the start of the 2024/25 financial year, the weak performance of the construction, mechanical engineering and consumer goods industries was offset by very good demand from the railroad infrastructure, aviation, warehouse technology and conventional energy sectors. The automotive industry also performed largely stable at a solid level.

The conventional energy sector weakened noticeably over the course of the first quarter and the automotive industry also lost considerable momentum at the end of the second quarter following a series of profit warnings from well-known European OEMs. The economic mood in Europe changed over the course of the first half of 2024/25 after large corporations announced extensive plans to reduce their workforce.

On the basis of the result for the 1st half of 2024/25, the significantly gloomier market developments in Europe and the non-recurring burdens on earnings totaling more than EUR 100 million from the sale of Buderus Edelstahl and the reorganization of the reorganization of the Automotive Components business in Germany the Management Board of voestalpine AG expects for the business year 2024/25 from today's perspective an EBITDA in a range of around EUR 1.4 billion.

This earnings outlook is based on the on the expectation of continued good global development in the railroad infrastructure, aviation and warehouse technology business areas. The assessment of the performance of the voestalpine sites outside Europe in the other business segments also remains positive for the second half of 2024/25.

The challenges in Europe, and especially in Germany the Management Board of voestalpine AG is meeting the challenges in Europe, and especially in Germany, with active management and, where not otherwise possible, by reducing the Group's presence in this region.

My conclusion: I will continue to hold my position for the time being, but will not expand any further. Depending on the economic environment, Trump's influence, etc., a sale may also be an option

Who else has VOEST in their portfolio? What's your view? Hold, increase or sell?

Source of the data: voestalpine Investor Relations & Geschäftsbericht - voestalpine

$VOE (+0.54%) Voestalpine (steel) will be my first Austrian share! After a long period of observation, I will open my first position in the coming weeks!

As every Sunday, the news of the last week and the most important dates of the coming week.

The most important dates of the coming week as a video:

https://youtube.com/shorts/XRpmGjw1CJ8?feature=share

Monday:

$G24 (-0.26%) Scout24 is able to increase its forecast despite the slump in the real estate market. Also due to the acquisition of Sprengnetter (valuation portal), sales can increase by 15%. In a tense market, Scout24 profits above all from marketing and Plus products.

https://app.handelsblatt.com/finanzen/immobilien/immobilien-immobilienportal-scout24-erhoeht-nach-zukauf-prognosen/29306012.html

Catastrophic figures from $ENR (+2.42%) Siemens Energy - Because of the wind power division, an annual loss of EUR 4.5 billion is expected. The main reason is damage to wind turbines. As a consequence, the company wants to part with certain suppliers.

https://www.manager-magazin.de/unternehmen/industrie/siemens-energy-rechnet-mit-4-5-milliarden-euro-verlust-a-8f6bf488-27b4-4c47-af02-46c0f00ba820

Industrial production in Germany is being cut back more sharply than expected. In June alone, production fell by 1.3% compared with the previous month. Experts had expected a smaller decline.

https://app.handelsblatt.com/politik/konjunktur/konjunktur-deutsche-unternehmen-fahren-produktion-unerwartet-stark-herunter/29306120.html

$TSM (+1.72%) TSMC is coming to Germany and can expect EUR 5 billion in subsidies. A plant is being built near Dresden, which will be operated jointly with NXP, Infineon and Bosch.

https://www.handelsblatt.com/politik/deutschland/halbleiter-taiwanesischer-chipriese-tsmc-kommt-nach-deutschland/29306926.html

Tuesday:

The trading da#china disappoint. Both exports and imports were below expectations. Year-on-year, exports sank by 14.5% in July. Imports fell by 12.4%. The data are compared in USD. At the same time, however, the renminbi yuan depreciated against the USD.

https://www.wallstreet-online.de/nachricht/17217918-aktien-asien-pazifik-abwaerts-china-daten-handel-enttaeuschen

$SIX2 (+2.38%) Sixt achieves record earnings, the best quarterly result in the Group's history. Bayer has to take write-downs, as already announced. The loss was slightly lower than expected. RTL has to revise its full-year forecast downward. Fraport becomes more optimistic for the full year.

https://www.handelsblatt.com/unternehmen/industrie/-geschaeftszahlen-im-newsblog-sixt-erzielt-rekordergebnis-rtl-senkt-jahresprognose/24098412.html

The excess profits tax from Italy 🇮🇹 is putting pressure on banks throughout Europe today. This is because the Italian government wants to skim off the banks' higher interest income. This is causing uncertainty about similar legislative projects and dragging the sector down.

https://app.handelsblatt.com/finanzen/maerkte/marktberichte/dax-aktuell-dax-schliesst-unter-15-800-punkten-bankaktien-geraten-unter-druck/29312388.html

Wednesday:

$VOE (+0.54%) Voestalpine with profit slump, however, there was a corresponding expectation. The forecast was confirmed.

Also $EOAN (+0.46%) eon also confirmed the forecast it had raised in July. The company is said to be continuing on its growth course.

https://app.handelsblatt.com/unternehmen/industrie/-geschaeftszahlen-im-newsblog-eon-erhoeht-investitionen-und-bestaetigt-die-prognose-gewinneinbruch-bei-brenntag/24098412.html

$DHER (+0.29%) Delivery Hero raises its revenue forecast. Revenue is expected to grow by 15% instead of 10%. In addition, the EBITDA margin is to be at least 0.5%.

https://de.finance.yahoo.com/nachrichten/delivery-hero-rechnet-mehr-umsatz-055911738.html?guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAAA46eIxcDVPn8WOFs3FBIu5hUZ_H1eIooUZtI9tbGNc7B3PiCBZSTkNXas-XY25lseEuPuBpUpNcGibN2PX34w1n9IcD7RZGyXbw0QnMXz5aGbZQNqq1bY_5GDbwA_PeuyycdyVm1peezJapDgS0NxPN0FHtUlODqNOw51AFdXHt

#deflation instead of inflation in China 🇨🇳. The new data push the markets in Asia into the red on Wednesday. Prices fell by 0.3% compared to the same month last year. Expected were even 0.4%. Nevertheless, the figures did not go down well, because deflation is, like inflation harmful to the economy.

https://www.sueddeutsche.de/wirtschaft/china-wirtschaft-deflation-preise-lohnkuerzung-entlassung-1.6110930

For the first time in 10 years, deposits at Volksbanks and savings banks have fallen. This is good news, because it means that customers are switching to better-interest alternatives. This also puts Volksbanks and savings banks under pressure to finally allow savers to participate in the higher interest rates.

https://www.handelsblatt.com/finanzen/banken-versicherungen/banken/inflation-und-preiskampf-einlagen-bei-sparkassen-und-volksbanken-sinken-/29314296.html

$WE WeWork stands shortly before the insolvency. The share price is plummeting. The only way out would be fresh money. However, commercial real estate is generally not in demand, so the co-working space business is likely to have a hard time.

https://app.handelsblatt.com/finanzen/immobilien/immobilien-buerovermieter-wework-warnt-vor-insolvenz-aktie-bricht-ein/29321066.html

Thursday:

Surprisingly good figures from $ALV (+0.57%) Allianz, profit exceeded expectations due to fewer natural catastrophes and higher prices.

$HFG (-1.78%) Hellofresh continues to lose customers, but significantly increases bottom-line profit. The forecast remains unchanged.

$$MUV2 (+0.22%) Munich Re earns less than expected, but maintains forecast.

Rheinmetall increases sales, but earns less.

https://app.handelsblatt.com/unternehmen/industrie/-geschaeftszahlen-im-newsblog-allianz-ueberrascht-beim-gewinn-telekom-erhoeht-die-ziele/24098412.html

Inflation in the USA 🇺🇸 rises again slightly to 3.2%. However, 3.3% was expected, so this data should be received positively by the stock market and also provide further impetus.

https://rp-online.de/wirtschaft/us-inflationsdruck-nimmt-wieder-zu-teuerungsrate-bei-3-2-prozent_aid-95430155

Friday:

$CWC (+1.76%) CEWE benefits from higher travel. More people buy photo books. The last two quarters are the most important for the Group. However, sales already increased by 11 % in the second quarter.

https://amp2.handelsblatt.com/unternehmen/industrie/-geschaeftszahlen-im-newsblog-alibaba-mit-ueberraschend-hohem-umsatz/24098412.html

Also $BC8 (+0.93%) Bechtle can beat expectations. The revenue forecast is reaffirmed. The pre-tax profit of 93.8 million euros was above the expected 90.

https://www.finanzen.net/nachricht/aktien/jahresausblick-bekraeftigt-bechtle-aktie-stark-bechtle-schlaegt-erwartungen-12730615

These are the most important dates for the coming week:

Monday: 14:00 Consumer Prices (India)

Tuesday: 11:00 ZEW Economic Indicator (DE)

Wednesday: 11:00 GDP figures (EU)

Thursday: 14:30 Manufacturing data (USA)

Friday: 11:00 Inflation data (EURO)

Hello dear community,

In view of the fact that there are now a lot of newcomers on the platform, I've created a graphic, typical of social media, to give you an overview of stocks that not everyone may have on their radar. It goes without saying that you can't know your way around every sector. But we have come together here in the community for a solid exchange.

But since we're here on Getquin and not on Instagram, here's some input for the inquisitive.

What do the companies do anyway?

Service providers:

On the service provider side, there are some rather atypical companies for the sector.

Here I have Friedrich Vorwerk $VH2 (+2.88%) Vinci $DG (+0.48%) , Ferrovial $FER , Bilfinger $GBF (+1.52%) and Jacobs Solutions $J (+0%) are listed here.

Their main focus is the background work on the properties themselves. They support the companies in planning, realization, construction and maintenance. They work decentrally in regional working groups to cover the breadth of the industry. They offer almost every service for an industrial company.

The established elite

If you want to invest in the hydrogen sector, all roads lead to the giants Linde $LIN (-0.85%) Air Products $APD (-0.04%) and Air Liquide $AI (+0.05%) . Their market power in the field of industrial gases and in today's market environment of commercial hydrogen production seems irrefutable. Their know-how in the gaseous material production segment has been tried and tested for decades and the processes are almost perfectly optimized. Each company also has its own engineering divisions, making them perfectly positioned for the future in electrolyzer development.

The established newcomers

With plenty of money in their pockets, the oil companies Shell $SHEL (+0.02%) Total $TTE (-0.45%) and BP $BP. (+0.21%) are also entering the segment. Oil is finite, but the business should not be. These companies are also experienced in dealing with hydrogen. Hydrogen is an essential component in the refinery process. In order to become less dependent on the big 3, new market areas are also being explored here. Will they be able to prove themselves?

Speculative titles

Never anything but expenses. Years of hype and yet a harsh reality hit the small fish in the shark tank surrounding the segment. Nel $NEL (+1.87%) Plug Power $PLUG (-3.88%) and Ballard $BLDP (-1.78%) are long-suffering. They have never been able to deliver even remotely profitable figures. On the contrary, things seem to be getting worse quarter after quarter. Only turnover is increasing. Can that ever be good?

Plant engineering and equipment

Of course, in a globalized world, you no longer take care of the entire value chain from A-Z. Every company specializes in its own segment. The long-term beneficiaries of the industry are therefore the equipment suppliers, because they have to develop the technical foundations for every innovation in order to survive in the vastness of globalization.

The plant manufacturers

They manufacture the physical parts for the process plants.

Examples of this are Voestalpine $VOE (+0.54%) , Atlas Copco $ATCO B or Sulzer $SUNE .

The suppliers

The transportation of substances is also part of this. Material transport in industry, but also at home, for example in water pipes, is ensured by pumps (for liquids) or compressors (for gases). Established brands here are KSB $KSB (+2.03%) , Xylem $XYL (-0.72%) , Gorrman-Rupp $GRC (+0.63%) but also as a complete supplier Chart Industries $GTLS (+2.49%) or SKF $SKF B (+2.31%) or for specialized tools Stanley B&D $SWK (+1.49%) .

Process control is also indispensable. Brands such as Siemens $SIE (+3.1%) ABB $ABBN (+4.04%) or Rockwell $ROK (+0.97%) and Parker $PH (+1.22%) have established themselves here. They not only supply the electronic equipment for the process systems. They also offer their software services as safety services so that safety in process control can always be guaranteed.

I hope I have given you a little insight into the industry and would be delighted to receive constructive feedback.

#wasserstoff
#h2
#hydrogen