EANS-News

voestalpine AG /voestalpine with solid development in the first nine months of Business Year 2016/17 - Seite 2

quarter of the Business Year 2016/17 and consequently the EBIT
decreased in the annual comparison. The Metal Engineering Division
was affected most from the downturn of the oil- and gas-industry and
had to face declining revenues as well as earnings. For the fourth
quarter of the business year we expect a significant growth in
earnings compared to the third quarter, as a result of stabilizing
raw materials prices (at least temporarily), as well as slow but
continual improvements in the oil and gas sector, and increased
steel-contract-prices becoming effective at the beginning of 2017. In
view of the above, the outlook for the business year 2016/17 as a
whole continues to remain in line with the expectations expressed at
the end of the first half of Business Year 2016/17 (September 30,
2016): The goal is still an (adjusted) operating result (EBITDA) at
the level of the previous year (EUR 1.45 billion), and an (adjusted)
profit from operations (EBIT) close to the level of the past business
year (EUR 814 million).

Key figures of voestalpine Group

_______________________________________________________________________
|(acc._IFRS;_in_EURm)______|Q1-Q3_2015/16_____|Q1-Q3_2016/17_____|Change|
|__________________________|04/01_-_12/31/2015|04/01_-_12/31/2016|in_%__|
|Revenue___________________|8,380.4___________|8,101.2___________|-3.3__|
|EBITDA____________________|1,207.3___________|1,061.1___________|-12.1_|
|EBITDA_margin_in_%________|14.4______________|13.1______________|______|
|EBIT______________________|727.0_____________|545.0_____________|-25.0_|
|EBIT_margin_in_%__________|8.7_______________|6.7_______________|______|
|Profit_before_tax_________|628.5_____________|461.4_____________|-26.6_|
|Profit_for_the_period*____|508.5_____________|343.9_____________|-32.4_|
|EPS_(in_EUR)______________|2.74______________|1.86______________|-32.1_|
|Gearing_ratio_in_%_(12/31)|57.0______________|61.2______________|______|

* Before deduction of non-controlling interests and interest on hybrid capital.


Figures adjusted by special items from changes of consolidation:
_____________________________________________________________________
|(acc. IFRS; in EURm) |ADJUSTED |ADJUSTED |ADJUSTED|
|______________________|Q1-Q3__2015/16____|Q1-Q3_2016/17_____|Change__|
|______________________|04/01_-_12/31/2015|04/01_-_12/31/2016|in_%____|
|EBITDA________________|1,069.7___________|1,061.1___________|-0.8____|
|EBITDA_margin_in_%____|12.8______________|13.1______________|________|
|EBIT__________________|608.0_____________|556.1_____________|-8.5____|
|EBIT_margin_in_%______|7.3_______________|6.9_______________|________|
|Profit_before_tax_____|509.4_____________|472.4_____________|-7.3____|
|Profit_for_the_period*|382.7_____________|352.2_____________|-8.0____|
|EPS_(in_EUR)__________|1.94______________|1.88______________|-3.1____|

* Before deduction of non-controlling interests and interest on hybrid capital.

Further details on the 3rd quarter results 2016/17 are available on our homepage
www.voestalpine.com or feel free to contact our Investor Relations team +43/
50304/15-9949.

Further inquiry note:
DI Peter Fleischer
Head of Investor Relations
Tel.: [phone]
Fax: [phone]
mailto:[e-mail]
http://www.voestalpine.com

end of announcement euro adhoc
--------------------------------------------------------------------------------

company: voestalpine AG
voestalpine-Straße 1
A-4020 Linz
phone: [phone]
FAX: [phone]
mail: [e-mail]
WWW: www.voestalpine.com
sector: Metal Goods & Engineering
ISIN: AT0000937503
indexes: WBI, ATX Prime, ATX
stockmarkets: official market: Wien
language: English