Voestalpine: Strong Performance Despite Declines
The latest business figures from Voestalpine impressively demonstrate that the Austrian steel and technology group can hold its own in a difficult market environment. Let’s take a look at the details.
Business Figures and Market Environment
In the fiscal year 2024/25, Voestalpine’s revenue slightly decreased to 15.7 billion euros, down from 16.7 billion euros the previous year. This decline highlights the ongoing challenges in the global steel sector. The operating result (EBITDA) also fell from 1.7 billion euros to 1.3 billion euros, attributed to both adverse market conditions and extensive restructuring measures.
Restructuring Measures and Their Impact
The implementation of restructuring measures, including the sale of Buderus Edelstahl and significant transformations in the automotive components sector, has negatively impacted the overall results. The number of employees has also decreased by 3.7% to around 49,700, reflecting the savings from the restructuring.
Dividend and Market Outlook
Shareholders should expect a lower dividend proposal of 0.60 euros per share this year, compared to 0.70 euros the previous year. Nevertheless, the Voestalpine stock has risen by over 25% since the beginning of the year, currently trading at approximately 22.74 euros. However, future developments could be influenced by potential new US tariffs.
Relevance for Investors
For investors in the steel sector, Voestalpine offers attractive opportunities despite current challenges due to its stable performance and focus on quality. However, potential risks, such as the impacts of US tariffs, should not be overlooked. Investment decisions should ultimately be based on individual risk tolerance and long-term forecasts.