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    VOE   AT0000937503

VOESTALPINE AG

(VOE)
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Voestalpine : Prńsentation pdf | 222 KB

06/09/2021 | 01:41am EDT

BUSINESS YEAR 2020/21

Investor Relations

JUNE 2021

voestalpine AG

www.voestalpine.com

voestalpine GROUP

HIGHLIGHTS BY 2020/21

  • The business year 2020/21 was determined by the spread of the Corona Virus pandemic
    • After the slump at the beginning of the business year, the economy recovered quickly
  • First priority was health and safety of our employees
    • We immediately implemented safety concepts and hygiene standards
  • A crisis-related booking of impairment charges was necessary in BY 2020/21
  • Crisis management proved successful
    • We were able to supply our customers at any point of time
    • As a result, we reached an EBITDA of 1.1 bn EUR
    • Each of the Divisions contributed to this success and delivered a positive EBIT in BY 2020/21
    • With a Free Cash Flow of more than 1 bn EUR, we reduced Net Debt to 2.7 bn EUR and reached our Gearing target of below 50%
    • Dividend proposal to the AGM: EUR 0.50 per share
  • This success is a merit of all voestalpine employees and the whole management team

voestalpine AG

2 | June 2021 | Investor Relations

voestalpine GROUP

CURRENT SITUATION

  • Most market segments have recovered in the course of the business year 2020/21
  • Automotive, consumer goods, mechanical engineering and building industry are currently showing high demand for steel products, tool steels, components and services
  • Oil and gas segment has improved in the last months from very low levels
  • Aerospace industry has bottomed out with gradual recovery
  • Railway Systems are facing a solid global market environment
  • Steel industry is still in an exceptional situation with a tight demand-supply-environment driving rising steel prices combined with very high raw material prices

voestalpine AG

3 | June 2021 | Investor Relations

voestalpine GROUP

STRATEGY UPDATE

  • Stabilization of balance sheet remains an important goal but strategy with value added growth comes back into focus
  • The backbone of the voestalpine-strategy is the combination of metallurgical expertise and processing know-how in order to manufacture premium products and system solutions made of steel and other metals
  • In order to realize value enhancing growth, we focus on
    • Technological leadership in markets with high quality requirements
    • Development of new products and solutions together with our customers, predominantly in our downstream segments
    • Digitalization of our internal processes as well as digital interconnection with our customers
  • Climate protection is an integral part of voestalpine's strategy

voestalpine AG

4 | June 2021 | Investor Relations

voestalpine GROUP

CORPORATE RESPONSIBILITY / CLIMATE PROTECTION

  • We are committed to global climate goals and we have a consistent, long-term strategy to directly avoid CO2 emissions: "greentec steel"
  • By 2030: hybrid concept
    • Incremental shift from blast furnace route to steel production using green electricity
    • Potential to reduce CO2 emissions by around 30%
  • By 2050: focus on green hydrogen
    • Long-termincrease of green electricity and green hydrogen
    • CO2-neutral production feasible
  • We hold a patent for CO2 neutral DRI/HBI production, based on hydrogen, which is valid in all relevant European countries
  • Corporate responsibility is one of the basic principles of our decisions

voestalpine AG

5 | June 2021 | Investor Relations

Um den Rest dieser Noodl zu lesen, rufen Sie bitte die Originalversion auf, und zwar hier.

Disclaimer

voestalpine AG published this content on 09 June 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 09 June 2021 05:40:01 UTC.


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Financials
Sales 2022 14 134 M 16 565 M 16 565 M
Net income 2022 890 M 1 043 M 1 043 M
Net Debt 2022 2 675 M 3 135 M 3 135 M
P/E ratio 2022 6,54x
Yield 2022 3,27%
Capitalization 5 827 M 6 823 M 6 829 M
EV / Sales 2022 0,60x
EV / Sales 2023 0,58x
Nbr of Employees 48 880
Free-Float 70,2%
Chart VOESTALPINE AG
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Technical analysis trends VOESTALPINE AG
Short TermMid-TermLong Term
TrendsBearishBearishBullish
Income Statement Evolution
Consensus
Sell
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Mean consensus HOLD
Number of Analysts 18
Last Close Price 32,64 €
Average target price 37,43 €
Spread / Average Target 14,7%
EPS Revisions
Managers and Directors
Herbert Eibensteiner Chairman-Executive Management Board
Robert Ottel Chief Financial Officer
Joachim Lemppenau Chairman-Supervisory Board
Franz Gasselsberger Member-Supervisory Board
Josef Gritz Member-Supervisory Board
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