Ad-hoc | 16 November 2001 07:30

voestalpine AG english

voestalpine AG with good results despite difficult economic environment Ad-hoc-announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. ——————————————————————————– voestalpine AG with good results despite difficult economic environment Full business year EBIT to be on 1999/2000 level Turnover: + 8 % to 1,643.7 m EUR EBITD: – 19 % to 201.0 m EUR EBIT (Operating result): – 40 % to 87.0 m EUR Net profit: – 53 % to 45 m EUR (without VA Tech adjustment) (incl. VA Tech adjustment 9.1 m EUR) The first half year of 2001/02 was effected by difficult economic circumstances. EBIT was influenced by decreasing prices and increasing costs for raw materials and energy. Prospects for whole business year: EBIT of the year 1999/2000 should be reachable (153 m EUR). The extraordinary load in net profit due to the development of the VA-Tech- shareprice should have no effect to the dividend of voestalpine. end of ad-hoc-announcement (c)DGAP 16.11.2001 ——————————————————————————– WKN: 093750; Index: ATX Listed: Amtlicher Handel in Wien; Freiverkehr in Berlin, Frankfurt, Hamburg, München, Stuttgart; London 160730 Nov 01