EANS-Adhoc: voestalpine AG /voestalpine achieved considerable increase in profit in the first quarter of FY 2011/12

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quarterly report

18.08.2011

voestalpine group was able to prolong the excellent development of
the previous periods also in the first three months of FY 2011/12 and
achieved considerable enhancements in all profit categories on annual
comparison.

The solid demand situation in the segments automotive, commercial
vehicle, machine building, energy and consumer goods, already lasting
for 18 months, continued in the first quarter of FY 2011/12. Aircraft
industry recently started to pick up, whereas the situation in the
railway infrastructure business stayed unchanged stable. Demand from
the building industry, which is of minor importance for voestalpine,
remained subdued.

As planned the results of the second quarter of FY 2011/12 are
expected to fall below the first quarter because of scheduled shut
downs, necessary to complete capacity increases of core production
facilities in the Steel Division.

Based on unchanged high utilization rates and further positive
impacts from efficiency improvement programs, considerable increase
of profits for the entire FY 2011/12 compared to FY 2010/11 can be
expected. Nevertheless any spread out of the public debt crisis and
the actual nervousness of international capital markets to the real
economy are serious risk factors.

Key Figures of voestalpine Group

(acc. IFRS; in EURm)* Q1 2010/11 Q1 2011/12 Change
1.4.10 - 1.4.11 - in %
30.6.10 30.6.11
Revenue 2,556.1 3,051.5 +19.4
EBITDA 350.9 462.9 +31.9
EBITDA margin in % 13.7 15.2
EBIT 203.3 317.6 +56.2
EBIT margin in % 8.0 10.4
Profit before tax 156.5 271.8 +73.7
Profit for the period** 121.1 209.6 +73.1
EPS (in EUR) 0.60 1.13 +83.3
Gearing ratio in % 67.2 57.0

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

Further details on the 1st quarter results 2011/12 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.: +43/50304/15-9949
Fax: +43/50304/55-5581
mailto:peter.fleischer@voestalpine.com
http://www.voestalpine.com

end of announcement euro adhoc
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issuer: voestalpine AG
voestalpine-Straße 1
A-4020 Linz
phone: +43 50304/15-9949
FAX: +43 50304/55-5581
mail: IR@voestalpine.com
WWW: www.voestalpine.com
sector: Metal Goods & Engineering
ISIN: AT0000937503
indexes: WBI, ATX Prime, ATX
stockmarkets: official market: Wien
language: English