EANS-Adhoc: voestalpine AG / voestalpine with declining sales and profit in the first quarter 2009/10 in difficult market environment

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quarterly report

20.08.2009

The business year 2009/10 has turned out to be the most difficult in
decades. In this challenging environment the first quarter has shown
significant decreases in sales and earnings. Whereas the EBITDA
remained clearly positive with an amount of EUR 135 million and 6.5%
margin despite the economic slump, the EBIT turned negative,
amounting to EUR -24 million and -1.2% margin after PPA. Without the
pure book accounting effects from the PPA, the EBIT remains positive
and reaches EUR 5.1 million and 0.25% margin, respectively.

For the second quarter of the business year 2009/10 voestalpine group
is targeting for break even at EBIT level. The outlook for the full
business year 2009/10 remains unchanged with a positive profit from
operations (EBIT) expected.

Key figures of voestalpine Group

(acc. IFRS; in EURm)* Q1 2008/09 Q1 2009/10 Change
01.04. - 01.04. - in %
30.06.08 30.06.09
Revenue 3,255.0 2,073.6 -36.3
EBITDA 542.6 134.9 -75.1
EBITDA margin in % 16.7 6.5
EBIT 357.7 -24.0 -106.7
EBIT margin in % 11.0 -1.2
Profit before tax 302.8 -67.7 -122.4
Profit for the period** 240.3 -48.2 -120.1
EPS (in EUR) 1.35 -0.40 -129.6

* according to IFRS all results after Purchase Price Allocation (PPA)
** Before minority interest and hybrid capital interest

More information on the 1st quarter result is available on our website
www.voestalpine.com or please contact our Investor Relations-Team
+43/50304/15-9949.

end of announcement euro adhoc
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ots Originaltext: voestalpine AG
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:

DI Peter Fleischer

Head of Investor Relations

Tel.: +43/50304/15-9949

Fax: +43/50304/55-5581

mailto:peter.fleischer@voestalpine.com

http://www.voestalpine.com

Branche: Metal Goods & Engineering
ISIN: AT0000937503
WKN: 897200
Index: WBI, ATX Prime, ATX
Börsen: Wien / official market