- Positive economic developments in all key economic regions with further growth potential
- Economic momentum accelerates, especially in Europe
- Besides private consumption, the upward trend is increasingly being driven by private-sector investments as well
- Demand in individual industrial segments remains largely stable on a solid level or is at least growing
- voestalpine’s best six month-period since “Lehman” (onset of the financial and economic crisis)
- Revenue grows 16.5% from EUR 5,407.8 million to EUR 6,302.3 million
- Operating result (EBITDA) rises 37.5% from EUR 704.9 million to EUR 968.9 million and the EBITDA margin from 13.0% to 15.4%
- Profit from operations (EBIT) climbs 58.4% from EUR 368.9 million to EUR 584.2 million and the EBIT margin from 6.8% to 9.3%
- At 53.5%, gearing ratio drops substantially in a year-on-year comparison (60.1%)
- New HBI facility in Texas suffers moderate damage from hurricane Harvey
- World’s most advanced wire rod mill fully operational
- Decision to build new special steel plant in Austria
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