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voestalpine AG (VOES.VI)

VOES.VI on Vienna Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Voestalpine CEO sees signs that railway business will pick up
Thursday, 8 Feb 2018 

Feb 8 (Reuters) - Voestalpine CEO says::agrees with analyst estimates of 2017/18 revenue of 12.5 billion eur.we are optimistic regarding the cyclical trend until at least autumn.risks for the business are the unpredictability of U.S. economic policy, China.there are some indications in the railway sector that point to a turnaround for the better in the next few months.do not expect major negative impact from policy changes in the U.S..it is possible that current Thyssen and Tata customers will buy from us in the future.we will decide within the next 2-3 years whether to expand our activities in Mexico.plant in Texas is running on full capacity, we expect this solid development to continue over the coming months.  Full Article

Voestalpine 9-Mth EBIT Up At 834.6 Mln Euros
Thursday, 8 Feb 2018 

Feb 8 (Reuters) - VOESTALPINE AG ::‍9MTH REVENUE 9,460.4 MILLION EUROS, UP 16.8 PERCENT​.‍9MTH EBIT 834.6 MILLION EUROS, UP 53.1 PERCENT ​.  Full Article

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 invests up to EUR 350 mln in special steel plant in Kapfenberg‍​
Wednesday, 27 Sep 2017 

Sept 27 (Reuters) - VOESTALPINE AG :INVESTS UP TO EUR 350 MILLION IN THE WORLD’S MOST ADVANCED SPECIAL STEEL PLANT IN KAPFENBERG‍​.PLANT IS SCHEDULED TO COMMENCE OPERATIONS IN 2021, REPLACING THE CURRENT BÖHLER SPECIAL STEEL PLANT IN KAPFENBERG.  Full Article

Voestalpine successfully places EUR 500 million bond issue​
Wednesday, 20 Sep 2017 

Sept 20 (Reuters) - VOESTALPINE AG :EANS-OTHER CAPITAL MARKET INFORMATION: VOESTALPINE AG / NEW BOND ISSUES.‍FUNDS ARE INTENDED FOR GENERAL CORPORATE FINANCING AS WELL AS TO REFINANCE A SENIOR BOND EXPIRING IN FEBRUARY 2018​.‍SUCCESSFULLY PLACES EUR 500 MILLION BOND ISSUE​.‍MATURITY: 7 YEARS; COUPON RATE: 1.375%​.  Full Article

Voestalpine CEO says U.S. sanctions on Russia to have small effect, if any
Wednesday, 9 Aug 2017 

Aug 9 (Reuters) - Voestalpine Ag :Voestalpine CEO tells conference call he expects 2017/18 revenues to return to level of before financial crisis 2008.Voestalpine CEO says trying to get more information on U.S. Sanctions on Russia.Voestalpine CEO says even if U.S. sanctions on Russia should affect Voestalpine, this effect would be small.Voestalpine CEO says if earnings continue solid course, free cash flow increases, our shareholders will see benefits.Voestalpine CEO says competition investigations against German car makers have no immediate effect on Voestalpine.  Full Article

Voestalpine says Q1 EBIT 329 mln eur
Wednesday, 9 Aug 2017 

Aug 9 (Reuters) - Voestalpine Ag :Voestalpine says q1 ebit: eur 329 mn. (+96% yoy).Voestalpine says q1 ebitda: eur 514 mn. (+54% yoy).Voestalpine says q1 turnover: eur 3.3 bn. (+17% yoy).  Full Article

Voestalpine to invest more than EUR 100 mln in two projects at Donawitz site in Austria
Tuesday, 11 Jul 2017 

July 11 (Reuters) - VOESTALPINE AG :INVESTS MORE THAN EUR 100 MILLION IN THE DEVELOPMENT AND PRODUCTION OF HIGH-QUALITY STEELS AT ITS DONAWITZ SITE.HIGHLY AUTOMATED PRODUCTION LINE WITH AN ANNUAL CAPACITY OF UP TO 950,000 TONS IS SCHEDULED TO START UP OPERATION IN 2019.  Full Article

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Thyssenkrupp, Voestalpine subsidiaries seek U.S. tariff exemptions

FRANKFURT U.S. subsidiaries of European steelmakers Thyssenkrupp and Voestalpine have applied for exemptions from looming import tariffs in the United States, according to company comments and public filings.