Voestalpine Ag · VIE:VOE
Voestalpine — H1 2017/18 Earnings Presentation
10 slides from Voestalpine's earnings presentation, Nov 8, 2017
Slide 1: 1st Half 2017/18 Press Conference
1 HALF 2017/18 st Press Conference, November 8, 2017 Welcome! voestalpine AG www.voestalpine.com
Slide 2: Environment and Highlights
1st HALF 2017/18 ENVIRONMENT AND HIGHLIGHTS voestalpine AG 2 | 11/08/2017 | Press Conference 1st Half 2017/18
Slide 3: Economic Environment
1st HALF OF 2017/18 ECONOMIC ENVIRONMENT Europe: USA: Increasing growth China / Asia: Upward trend, momentum Continued positive but short term momentum volatilities Brazil: Economic turnaround ahead voestalpine AG 3 | 11/08/2017 | Press Conference 1st Half 2017/18
Slide 4: Highlights
1st HALF OF 2017/18 HIGHLIGHTS » BEST HALF YEAR RESULTS AND HIGHEST REVENUE SINCE “LEHMAN” » Revenue*: + 16.5 % (from EUR 5.4 billion to EUR 6.3 billion) » EBITDA*: + 37.5 % (EUR 969 million) » EBIT*: + 58.4 % (EUR 584 million) » Margins over 2020/21 target values » Decision to build new special ste
Slide 5: World's Most Advanced Special Steel Plant in Kapfenberg by 2021
WORLD'S MOST ADVANCED SPECIAL STEEL PLANT CONSTRUCTION IN KAPFENBERG BY 2021 » Expansion of global market leadership in tool and special steels » Investment: EUR 330-350 million » Secures > 3,000 jobs » Fully digitalized processes » Environmental & energy benchmark » High performance steels for aero
Slide 6: Financial Key Figures
1st HALF 2017/18 FINANCIAL KEY FIGURES voestalpine AG 6 | 11/08/2017 | Press Conference 1st Half 2017/18
Slide 7: Overview of Financial Key Figures
1st HALF OF 2017/18 OVERVIEW OF FINANCIAL KEY FIGURES In millions of euros HY 2016/17 HY 2017/18 Change (in %) Revenue 5,408 6,302 +16.5 Operating result (EBITDA) 705 969 +37.5 EBITDA margin (%) 13.0 15.4 Profit from operations (EBIT) 369 584 +58.4 EBIT margin (%) 6.8 9.3 Profit before tax (EBT) 311
Slide 8: Development of the Gearing Ratio
1st HALF OF 2017/18 DEVELOPMENT OF THE GEARING RATIO 7000 100% 6,060 6,184 90% 6000 5,652 83% 88% 5,262 80% 5,075 5,115 4,836 5000 4,691 70% 4,289 71% 4,263 4,262 55% 54% 54% 58% 53% 3,762 60% 4000 3,572 58% 45% 46% 3,037 2,978 3,080 3,221 3,310 50% 3000 2,713 2,586 2,259 2,421 40% 2000 30% 20% 1000
Slide 9: Business Year 2017/18 Outlook
BUSINESS YEAR 2017/18 OUTLOOK » Global economy: highly stable » Continued strong demand from the automotive, consumer goods, and aerospace industries » Industrial goods/mechanical engineering and construction with further growth; railways vary by region » Oil & gas with potential for price rises » D
Slide 10: 1st Half 2017/18 Press Conference
1 HALF 2017/18 st Press Conference, November 8, 2017 voestalpine AG www.voestalpine.com