Voestalpine Ag · VIE:VOE
Voestalpine — Q3 FY2014/15 Earnings Presentation
16 slides from Voestalpine's earnings presentation, Feb 10, 2015
Slide 1: Financial Year 2014/15 3rd Quarter
Financial Year 2014/15 3rd Quarter Investor Relations February 2015 voestalpine AG voestalpine AG www.voestalpine.com
Slide 2: voestalpine Group Overview
voestalpine Group Overview From a steel producer to a technology and industrial goods corporation n High-tech steel is the base of voestalpine, but 15 years of downstream strategy have converted the group from a steelmaker to a technology and industrial goods corporation n The combination of metallu
Slide 3: Global footprint
voestalpine Group Global footprint One Group – 500 sites – 50 countries – 5 continents Revenue by regions (Financial year 2013/14) (thereof Austria: 10 %, Germany: 30 %) Revenue by industries (Financial year 2013/14) MOBILITY: 47 % 62 % ENERGY: 15 % voestalpine AG 3 | February 2015 | Investor Relati
Slide 4: Business development Q3 2014/15
voestalpine Group Business development Q3 2014/15 n Economic recovery in Europe further on hold Q1 Q2 Q3 Q1 - Q3 Q1 - Q3 * Delta €m 2014/15 2014/15 2014/15 2014/15 2013/14 in % n Deflation as realistic short term scenario in several countries n Ukraine / Russia – crisis fuels uncertainty and relucta
Slide 5: Steel Division: Business development Q3 2014/15
Steel Division Business development Q3 2014/15 n Recovery of European steel sector once more postponed Q1 Q2 Q3 Q1 - Q3 Q1 - Q3 * Delta €m 2014/15 2014/15 2014/15 2014/15 2013/14 in % n Steel prices following raw material price trends downwards n Actual situation at voestalpine Steel Division Sales
Slide 6: Special Steel Division: Business development Q3 2014/15
Special Steel Division Business development Q3 2014/15 n Overall stabilizing business environment Q1 Q2 Q3 Q1 - Q3 Q1 - Q3 * Delta €m 2014/15 2014/15 2014/15 2014/15 2013/14 in % n Stable price level due to improving utilization rates n Solid economic sentiment in the US Sales 676 675 678 2,029 1,94
Slide 7: Metal Engineering Division: Business development Q3 2014/15
Metal Engineering Division Business development Q3 2014/15 n Outstanding performance prolonged Q1 Q2 Q3 Q1 – Q3 Q1 - Q3 * Delta €m 2014/15 2014/15 2014/15 2014/15 2013/14 in % n Return of European infrastructure projects recently bolstering demand in Rail Technology business Sales 679 651 630 1,960
Slide 8: Metal Forming Division: Business development Q3 2014/15
Metal Forming Division Business development Q3 2014/15 n Solid performance of Automotive Body Parts business Q1 Q2 Q3 Q1 – Q3 Q1 - Q3 * Delta €m 2014/15 2014/15 2014/15 2014/15 2013/14 in % n Unchanged strong exports of premium brands n New car models supporting recovery of volume producers Sales 60
Slide 9: Financial overview
Financial overview voestalpine AG voestalpine AG www.voestalpine.com
Slide 10: Consolidated overview
voestalpine Group Consolidated overview Q1 – Q3 2013/14* Q1 – Q3 2014/15 01.04. – 31.12.2013 01.04. – 31.12.2014 €m % of Sales €m % of Sales Delta Sales 8,269 8,255 -0.2 EBITDA 1,000 12.1 1,087 13.2 +8.8 EBIT 569 6.9 627 7.6 +10.2 EBT 444 5.4 531 6.4 +19.4 Net profit 350 4.2 443 5.4 +26.6 EPS** 1.69
Slide 11: Development EBIT
voestalpine Group Development EBIT 569 €m 27 €m 627 €m 38 €m 148 €m EBIT EBIT 6.9% -155 €m 7.6 % Q3 Raw Mix/ Q3 2013/14 Price Materials Volume Misc. 2014/15 voestalpine AG 11 | February 2015 | Investor Relations
Slide 12: Development cash flow
voestalpine Group Development cash flow Q1 – Q3 FY 2013/14* Q1 – Q3 FY 2014/15 01.04. – 31.12.2013 01.04. – 31.12.2014 €m €m Cash flow from results 829 843 Changes in working capital -301 -118 Cash flow from operating activities 528 725 Cash from investing activities -634 -647 Free cash flow -106 78
Slide 13: Development gearing ratio
voestalpine Group Development gearing ratio voestalpine AG 13 | February 2015 | Investor Relations
Slide 14: Development liquidity
voestalpine Group Development liquidity Liquidity Redemption – Schedule per 31.12.2014 per 31.12.2014 1,454 €m Committed lines Financial assets Cash voestalpine AG 14 | February 2015 | Investor Relations
Slide 15: Outlook
voestalpine Group Outlook n Continuation of strong development in North America, China/South East Asia with stable growth, India awakening n Brazil & Japan with ongoing weak economic performance, Russia expected to stay in recession n Oil price development with negative impact on exploration capex b
Slide 16: IR Contact
IR Contact Peter Fleischer Head of Investor Relations Reuters E-Mail [email protected] VOES.VI Phone +43/50304/15-9949 Gerald Resch Bloomberg Investor Relations Manager VOE AV E-Mail [email protected] Phone +43/50304/15-3152 voestalpine AG voestalpine AG www.voestalpine.com