14.02.2021
voestalpine: Revenues of Austrian steel an technology company voestalpine as of the third quarter of the business year 2020/21 fell by 16.8% year over year, from Euro 9.6 bn to Euro 8 bn; given the continual improvement in order levels over the reporting period, revenue for the third business quarter is but slightly lower year over year. EBIT dropped from Euro –82 mn to Euro –134 mn; the numbers for both the previous year and the reporting period contain significant non-recurring effects. These non-recurring effects in the amount of about Euro 200 mn adversely affected EBIT for the current business year’s first three quarters (Q1–Q3 2019/20: EUR 345 million). At Euro –159 mn, the profit after tax was also affected by impairment losses but remains largely stable year over year (Q1–Q3 2019/20: Euro –160.0 mn). Assuming that there will be no new major restrictions on economic activity and/or state-ordered measures owing to the Covid-19 pandemic, the Management