EANS-Adhoc: voestalpine AG / clearly positive earnings in 2nd quarter 2009/10

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6-month report

19.11.2009

In spite of the continuing difficult economic circumstances during
the 2nd quarter of the 2009/10 business year voestalpine Group was
able not only to significantly increase its result compared to the
1st quarter 2009/10, but also to announce profits across all
reporting categories, including profits after tax, whilst keeping
revenues stable. The Group has already been able to report a positive
operating result (EBIT) for the first half of 2009/10 and
significantly improved results for profit before tax and profit for
the period, although compared to the record levels booked during the
half year of 2008/09 we have naturally had to accept massive
declines.

Against the background of an economic situation which remains
extremely challenging across all major customer industries, for the
3rd quarter of the current business year similar results as for the
2nd quarter can be resumed, also taking seasonal effects into
account. From a present-day perspective, a significantly positive
operating result (EBIT) for the business year 2009/10 as a whole can
be expected. At the same time, it ought to be possible to reach at
least break even regarding profit for the period (annual net profit).

Key figures of voestalpine group, Q1 2009/10 vs. Q2 2009/10

(acc. IFRS; in EURm)* Q1 2009/10 Q2 2009/10 Change
01.04. - 30.06.09 01.07. - 30.09.09 in %
Revenue 2,073.6 2,067.6 -0.3
EBITDA 134.9 234.2 73.6
EBITDA margin in % 6.5 11.3
EBIT -24.0 70.4
EBIT margin in % -1.2 3.4
Profit before tax -67.7 29.3
Profit for the period** -48.2 28.3
EPS (in EUR) -0.40 0.05

Key figures of voestalpine group, H1 2008/09 vs. H1 2009/10

(acc. IFRS; in EURm)* H1 2008/09 H1 2009/10 Change
01.04. - 30.09.08 01.04. - 30.09.09 in %
Revenue 6,486.2 4,141.2 -36.2
EBITDA 1,143.4 369.1 -67.7
EBITDA margin in % 17.6 8.9
EBIT 785.6 46.4 -94.1
EBIT margin in % 12.1 1.1
Profit before tax 658.9 -38.4
Profit for the period** 518.8 -19.9
EPS (in EUR) 2.94 -0.35

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

Details of our half-year results can be seen on our homepage under
www.voestalpine.com. Our Investor Relations department can be contacted under
+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