EANS-Adhoc: voestalpine AG / voestalpine with slightly weaker results in first half 2013/14

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Financial Figures/Balance Sheet/6-month report
06.11.2013

Revenue and earnings of voestalpine Group for the first half of the
business year 2013/14 were affected by an all in all stable, but in
particular in Europe in industrial key segments still subdued
economic development. The second quarter of the business year was
burdened additionally by seasonal effects and one-offs of EUR 10
million in the Steel Division. Remarkably, the uncertainties of the
markets predominantly concerned the Special Steel and the Steel
Division, whereas the development of the Divisions Metal Engineering
and Metal Forming was characterized by high stability on unchanged
attractive levels. This once more confirms the validity of the since
12 years consequently implemented downstream strategy. From today's
point of view voestalpine Group expects higher earnings in the second
half of 2013/14 compared to the first half, against the backdrop of a
stable economic environment in the third quarter and a slight upturn
in the fourth quarter, so that the outlook for the whole business
year 2013/14 remains unchanged: Repetition of last year's operating
profit (EBITDA) of approx. EUR 1.4 billion and about EUR 850 million
profit from operations (EBIT)respectively.

Key figures of voestalpine Group

(acc. IFRS; in EURm)* H1 2012/13 H1 2013/14 Change
04/01 - 09/30/2012 04/01 - 09/30/2013 in %
Revenue 5,932.8 5,723.6 -3.5
EBITDA 724.5 686.9 -5.2
EBITDA margin in % 12.2 12.0
EBIT 435.4 400.5 -8.0
EBIT margin in % 7.3 7.0
Profit before tax 347.8 320.4 -7.9
Profit for the period** 269.5 240.0 -10.9
EPS (in EUR) 1.36 1.16 -14.7
Gearing ratio in % (09/30) 51.0 46.7

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

Further details on the 2nd quarter results 2013/14 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