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voestalpine AG (VOES.VI)

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Latest Key Developments (Source: Significant Developments)

Voestalpine plans to cut costs by 300 mln eur again next yr -CEO
Thursday, 30 Nov 2017 

Nov 30 (Reuters) - Voestalpine ::VOESTALPINE CEO EDER SAYS COMPANY PLANS TO CUT COSTS BY 300 MILLION EUR AGAIN IN 2018-2019 BUSINESS YEAR, NO JOB CUTS PLANNED.  Full Article

Poland's JSW says signs deal on coke supplies worth 2.63 bln zlotys‍​
Wednesday, 8 Nov 2017 

Nov 8 (Reuters) - Jastrzebska Spolka Weglowa SA :Poland's coking coal and coke producer JSW <<>> said it signed an agreement to sell coke to Voestalpine Rohstoffbeschaffungs GmbH and Importkohle GmbH based in Austria. .The value of the agreement, which will be binding in 2018-2028, is 2.63 billion zlotys ($720.45 million), JSW said. .  Full Article

Voestalpine ‍invests 16 mln euros in expanding site for automotive blanks in Linz​
Monday, 30 Oct 2017 

Oct 30 (Reuters) - VOESTALPINE AG :‍INVESTS EUR 16 MILLION IN EXPANDING WORLD'S LARGEST SITE FOR AUTOMOTIVE BLANKS IN LINZ​.EXPANSION PHASE IS DESIGNED TO INCREASE REVENUE IN BLANKS SECTOR TO EUR 200 MILLION OVER COMING YEARS​.  Full Article

Voestalpine and Verbund to step up their collaboration in future
Wednesday, 27 Jul 2016 

Voestalpine AG : Voestalpine and Verbund will step up their collaboration in the future with strategic cooperation projects .Project cooperation between Verbund and Voestalpine is planned for an initial period of six years.  Full Article

Voestalpine announces new large-scale HBI order in Texas
Monday, 13 Jun 2016 

Voestalpine AG : New large-scale HBI order for Voestalpine in Texas secures full capacity utilization .In future Voestalpine will produce roughly two million tonnes of this high-quality steelmaking prematerial annually at the new location in Texas.  Full Article

Voestalpine's Texas plant EBIT margin seen at 6-8 pct in two years
Thursday, 2 Jun 2016 

Voestalpine Ag : CFO says plant in Texas will have EBIT margin of approximately 6-8 percent and that will lead to 30-35 million eur EBIT contribution in two years Further company coverage: [VOES.VI] ((vienna.newsroom@thomsonreuters.com; +43 1 53112 255;)).  Full Article

Voestalpine expects European steel prices to stay stable
Thursday, 2 Jun 2016 

Voestalpine Ag : Says expects European steel prices to stay stable, prices in China are falling slowly Further company coverage: [VOES.VI] ((vienna.newsroom@thomsonreuters.com; +43 1 53112 255;)).  Full Article

Voestalpine says outlook stable for mobility demand
Thursday, 2 Jun 2016 

Voestalpine : Says expects customer segments in mobility division (autos, railways, aircraft) to have ongoing stable performance in 2016/17 Further company coverage: [VOES.VI] ((vienna.newsroom@thomsonreuters.com; +43 1 531 12 258;)).  Full Article

Voestalpine says proposes dividend of 1.05 eur per share
Thursday, 2 Jun 2016 

Voestalpine : Says dividend proposal to AGM is 1.05 eur per share, an increase of 0.05 eur compared to last year . Says impairment losses of 38.8 million euros, EBIT-effective in 4th quarter of business year 2015/16, were included as a consequence of negative market trends affecting business unit seamless tubes Further company coverage: [VOES.VI] ((vienna.newsroom@thomsonreuters.com; +43 1 531 12 258;)).  Full Article

voestalpine receives major order for Nord Stream 2
Tuesday, 19 Apr 2016 

voestalpine AG:Says will deliver several hundred thousand tons in highest-quality linepipe plates for Nord Stream 2.  Full Article

BRIEF-Voestalpine plans to cut costs by 300 mln eur again next yr -CEO

* VOESTALPINE CEO EDER SAYS COMPANY PLANS TO CUT COSTS BY 300 MILLION EUR AGAIN IN 2018-2019 BUSINESS YEAR, NO JOB CUTS PLANNED Further company coverage: