EANS-Adhoc: voestalpine AG / voestalpine with stable development in the first quarter of the business year 2014/15

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Financial Figures/Balance Sheet/3-month report
05.08.2014

Despite slightly decreasing sales revenues, voestalpine Group was
able to marginally increase the operating result (EBITDA),
respectively to keep the profit from operations (EBIT) largely
stable. Earnings before and after tax increased significantly. The
general economic trends, in place since the beginning of 2014,
continued in the first quarter of the business year 2014/15: Europe
recovers steadily but at slow pace, the solid economic trend in North
America persists, the growth rates in Brazil stay depressed and the
economy in China returns to more robust levels after a weak start of
the year. Against this background, the four divisions of voestalpine
Group showed a solid development: The Steel Division was able to keep
the operating result (EBITDA) stable despite somewhat decreasing
revenues due to deflationary raw material trends, the Special Steel
Division showed a slight decline in revenues as well as earnings, the
Metal Engineering Division was able to improve the margins above last
year's level at significantly lower revenues because of the closure
of the standard rails production in Duisburg and the Metal Forming
Division succeeded in slightly increasing revenues as well as the
operating result (EBITDA). The outlook for the business year 2014/15
remains unchanged: From the current point of view, it can be
anticipated that the operating result (EBITDA) and profit from
operations (EBIT) of the voestalpine Group will be somewhat higher
than the figures of the past business year.

Key figures of the voestalpine Group:

_____________________________________________________
|(acc._IFRS;_in_EURm)___|Q1_2013/14*|Q1_2014/15|Change|
|_______________________|04/01/13_-_|04/01/14_-|in_%__|
|_______________________|06/30/2013_|06/30/2014|______|
|Revenue________________|2,895.3____|2,826.7___|-2.4__|
|EBITDA_________________|363.5______|363.7_____|+0.1__|
|EBITDA_margin_in_%_____|12.6_______|12.9______|______|
|EBIT___________________|221.6______|218.4_____|-1.4__|
|EBIT_margin_in_%_______|7.7________|7.7_______|______|
|Profit_before_tax______|175.0______|192.9_____|+10.2_|
|Profit_for_the_period**|137.6______|154.4_____|+12.2_|
|EPS_(in_EUR)___________|0.68_______|0,77______|+13.2_|
|Gearing_ratio_in_%_____|43.8_______|44.7______|______|

*Business year 2013/14 retroactively adjusted due to the application of IFRS 11
"Joint Arrangements" and due to the change in the method of disclosure for
results of entities consolidated according to the equity method (formerly
reported as part of financial result, from April 1, 2014 onward, reported as
part of EBIT).
**Before minority interest and hybrid capital interest

Further details on the 1st quarter results 2014/15 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