$VOE (-3,03%)
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) (-0,07%) 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.