EANS-Adhoc: voestalpine AG / voestalpine increases sales and earnings in the first nine months of the business year 2015/16

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Financial Figures/Balance Sheet/9-month report
10.02.2016

Despite an increasingly challenging economic environment, voestalpine
succeeded in increasing sales and earnings in the first three
quarters of the business year 2015/16 in comparison to the respective
figures of last year. It has to be considered that the earnings of
the first nine months 2015/16 as well as those of last year's
comparative period were affected by non-recurring items (changes in
consolidation in BY 2015/16 and divestments in BY 2014/15
respectively). However by excluding these non-recurring items in both
periods, the figures increased as well. In a macroeconomic
environment, which became increasingly difficult at the end of the
calendar year - broad uncertainty in China, economic slowdown in
North America, ongoing recession in Brazil and Russia, only Europe
with moderate recovery trend - voestalpine Group was able to grow
sales and earnings partly significantly. Notably the Steel Division
contributed to this favorable development despite the (planned)
relining of one blast furnace. The development of the Special Steel
as well as the Metal Engineering Division was affected by the weak
demand from the oil and gas industry. A trend accelerating at the end
of the reporting period, which could not be fully compensated even by
outstanding performing sectors like the railway infrastructure or the
aviation industry. The Metal Forming Division benefited - like the
complete voestalpine Group - from an ongoing excellent development of
the automotive industry. As already stated in the report for the
first half of the business year 2015/16, a somewhat weaker second
half is following an overall satisfactory first half of 2015/16,
where - as stated before as well - including non-recurring items
(changes in consolidation), both the operating result (EBITDA) and
profit from operations (EBIT) are unchanged expected to be higher
than the adjusted figures of last year, whereas the adjusted earnings
of BY 2015/16 will not be able to reach last year's adjusted figures.

Key figures of voestalpine Group

_______________________________________________________________________
|(acc._IFRS;_in_EURm)______|Q 1-3_2014/15*____|Q_1-3_2015/16_____|Change|
|__________________________|04/01_-_12/31/2014|04/01_-_12/31/2015|in_%__|
|Revenue___________________|8,254.9___________|8,380.4___________|+1.5__|
|EBITDA____________________|1,086.9___________|1,207.3___________|+11.1_|
|EBITDA_margin_in_%________|13.2______________|14.4______________|______|
|EBIT______________________|627.1_____________|727.0_____________|+15.9_|
|EBIT_margin_in_%__________|7.6_______________|8.7_______________|______|
|Profit_before_tax_________|528.9_____________|628.5_____________|+18.8_|
|Profit_for_the_period_____|432.5_____________|508.5_____________|+17.6_|
|EPS_(in_EUR)______________|2.28______________|2.74______________|+20.2_|
|Gearing_ratio_in_%_(12/31)|61.4______________|57.0______________|______|

* Before deduction of non-controlling interests and interest on hybrid capital.

Figures adjusted by special items* from changes of consolidation:
______________________________________________________________________
|(acc. IFRS; in EURm) |ADJUSTED |ADJUSTED |ADJUSTED|
|_______________________|Q 1-3_2014/15_____|Q_1-3_2015/16_____|Change__|
|_______________________|04/01_-_12/31/2014|04/01_-_12/31/2015|in_%____|
|EBITDA_________________|1,020.4___________|1,069.7___________|+4.8____|
|EBITDA_margin_in_%_____|12.4______________|12.8______________|________|
|EBIT___________________|581.9_____________|608.0_____________|+4.5____|
|EBIT_margin_in_%_______|7.0_______________|7.3_______________|________|
|Profit_before_tax______|483.7_____________|509.5_____________|+5.3____|
|Profit_for_the_period**|389.1_____________|382.8_____________|-1.6____|
|EPS_(in_EUR)___________|2.03______________|1.94______________|-4.4____|

* Q 1-3 2014/15 excluding one-offs from divestments; Q 1-3 2015/16 excluding
one-
offs from changes of consolidation.
**Before deduction of non-controlling interests and interest on hybrid capital.

Further details on the 3rd quarter results 2015/16 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