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Voestalpine H1 Profit Rises; Revenue Down 5.6%

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News

voestalpine AG (VAS.DE) reported that its first half profit after tax was 199 million euros, an increase of 8.6% year-on-year. EBITDA was at 722 million euros compared to 718 million euros, last year. Sales declined to 7.6 billion euros from 8 billion euros.

The Management Board of voestalpine confirmed previous forecast and continues to expect EBITDA in the range of 1.40 to 1.55 billion euros for 2025/26 business year. voestalpine does not currently expect the economic situation to improve in the coming months and will continue to consistently implement its ongoing reorganization measures.

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