Austria · Delayed Price · Currency is EUR Voestalpine AG Earnings Call Transcripts
Fiscal Year 2026
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Solid nine-month results with EBITDA above EUR 1 billion, strong cash flow, and reduced net debt, despite lower revenues. Guidance for full-year EBITDA is EUR 1.4–1.55 billion, with continued strength in steel, railway, and warehouse segments, and ongoing efficiency and decarbonization initiatives.
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Solid first-half results with improved margins despite a 5.6% revenue decline, driven by strong steel and railway segments. Guidance for FY 2024 EBITDA is unchanged at €1.4–1.55 billion, with robust cash flow and ongoing decarbonization projects.
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Solid Q1 results achieved amid challenging markets, with strong free cash flow, reduced net debt, and robust performance in railway, aerospace, and warehouse segments. Ongoing restructuring and efficiency programs support stable outlook, with full-year EBITDA guidance confirmed at EUR 1.4–1.55 billion.
Fiscal Year 2025
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Solid results achieved despite challenging markets, with revenue and EBITDA down year-over-year due to lower prices and volumes. Strong performance in railway systems and ongoing decarbonization investments support a stable outlook, with manageable risks from U.S. tariffs and continued restructuring.
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Revenue and profit declined year-over-year due to lower prices, volumes, and one-off items, but strong performance in railway, warehouse, and aerospace segments offset some weakness. CapEx is being reduced to support free cash flow, and the outlook anticipates stable to improving conditions in key segments.
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Revenue and EBITDA declined year-over-year due to lower prices, volumes, and one-off restructuring costs, but international growth and decarbonization projects are progressing on track. Full-year EBITDA is forecast at €1.4 billion, with a positive free cash flow expected.
Fiscal Year 2024
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EBITDA reached EUR 1.7 billion amid challenging markets, with strong equity and liquidity supporting major investments in decarbonization and international expansion. Revenue and profit declined year-over-year, but robust cash flow enables a EUR 0.70 dividend per share.