Ad-hoc | 15 November 2002 07:30

voestalpine AG english

Business Development of the voestalpine Group in the First Half of the 2002/2003 Ad-hoc-announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. ——————————————————————————– Business Development of the voestalpine Group in the First Half of the 2002/2003 Business Year The overall economic situation in Europe and the US remained persistently difficult in the first six months of the 2002/2003 business year. Despite this, the voestalpine Group was again successful in continuing its controlled growth pattern. The increase in turnover was primarily a result of the initial full consolidation of the companies Polynorm, Elmsteel and TSTG Schienentechnik, acquired last year. In light of the economic environment and compared to the semi-annual figures from 2001/2002, the results of the voestalpine Group in the first half of the 2002/2003 business year can be seen as extremely satisfactory. The voestalpine Group in Figures (according to IAS) (in EUR million) Apr 1 – Sep 30,2001 Apr 1 – Sep 30,2002 Change in % Turnover 1,643.7 2,009.9 +22.3 EBITDA 201.0 227.0 +12.9 EBITDA margin (in%) 12.2 11.3 EBIT 87.0 90.6 +4.1 EBIT margin (in %) 5.3 4.5 EBT 15.1 22.5 +49.0 Net income for the 9.1 12.0 period Earnings per share 0.28 0.3 +31.9 (in EUR) Employees 16,214 20,179 +24.5 (excluding apprenti ces) at period end end of ad-hoc-announcement (c)DGAP 15.11.2002 ——————————————————————————– WKN: 093750; ISIN: AT0000937503; Index: ATX Listed: Amtlicher Handel in Wien; Freiverkehr in Berlin, Frankfurt, Hamburg, München, Stuttgart; London 150730 Nov 02