Austria: Voestalpine Expects Same Results as 2012

People ♦ Published: October 17, 2013; 14:58 ♦ (Vindobona)

CEO Wolfgang Eder expects the same level in profits as last year.

Austria: Voestalpine Expects Same Results as 2012 / Picture: © Voestalpine AG

On the sidelines of the “Gewinn” fair in Vienna, Eder announced that EBIT will come at € 800m to € 850m this year and EBITDA come at € 1.4bn to 1.5bn. In November, the half-year results will be presented.

As the US sees a positive underlying sentiment the Austrian steel manufacturer hopes being able to benefit from a global upturn next year and economic growth to…