EQS-News: voestalpine AG: voestalpine reports solid performance in the first quarter of 2026/27

EQS-News: voestalpine AG / Key word(s): Quarterly / Interim
   Statement/Quarter Results
   voestalpine AG: voestalpine reports solid performance in the first quarter
   of 2026/27

   05.08.2026 / 07:30 CET/CEST
   The issuer is solely responsible for the content of this announcement.

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   voestalpine reports solid performance in the first quarter of 2026/27

     • Revenue rose to EUR 4 billion (Q1 2025/26: EUR 3.9 billion)
     • EBITDA at EUR 495 million (previous year: EUR 361 million)
     • EBIT increased significantly by 78.8% to EUR 307 million (previous
       year: EUR 172 million)
     • Earnings (EBITDA/EBIT) impacted by one-time effects totaling
       approximately EUR 100 million
     • Profit before tax more than doubled to EUR 279 million, profit after
       tax at EUR 196 million (+84.6%)
     • High free cash flow of EUR 224 million and further reduction of net
       financial debt
     • Expansion of production capacity in the U.S. and Canada
     • Number of employees (FTE) decreased by 1.8% to 48,640
     • Outlook for 2026/27 remains unchanged, with EBITDA expected to range
       between EUR 1.60 billion and EUR 1.85 billion

   voestalpine generated solid results in the first quarter of the 2026/27
   business year (April 1, 2026 – June 30, 2026). The global positioning and
   sector diversification, as well as the clear focus on quality, innovation,
   and efficiency, once again demonstrated their strength, particularly in
   the current environment shaped by significant uncertainty.

   The Railway Systems business segment continued to show a robust trend, the
   Group received its largest single order to date, worth EUR 470 million,
   for the new high-speed Rail Baltica rail line. Similarly, the aerospace
   segment continued its positive performance at the start of the 2026/27
   business year. Demand from the construction, mechanical engineering, and
   consumer goods industries remained steady at an overall subdued level. The
   energy sector, which was particularly affected by global uncertainties,
   showed subdued performance. The Automotive Components business unit of the
   Metal Forming Division continued to be affected by the persistently
   challenging market environment in the automotive industry, particularly in
   Europe. In contrast, the Steel Division was able to gain additional market
   share in the automotive industry thanks to high quality, delivery
   reliability, and stable logistics solutions. The Warehouse technology
   segment continued to perform well.

   In the first quarter of 2026/27, the Group continued to systematically
   implement its measures to reorganize those business segments facing
   structural changes. One of these is the Automotive Components unit in
   Germany, with the aim to secure the Metal Forming Division’s automotive
   supply business in the long term. The reorganization measures also affect
   the High Performance Metals Division, which focuses its product portfolio
   on the technologically demanding segment of high-performance materials.
   With the sale of voestalpine BÖHLER Profil, the portfolio streamlining
   within the division is largely complete.

   “In an environment significantly shaped by external factors, we remain
   focused on consistently reorganizing low-margin business segments while
   simultaneously accelerating international growth projects. Our robust
   strategy and strong capital structure provide a solid foundation,” says
   Herbert Eibensteiner, CEO of voestalpine AG.

   Expansion of production capacity in the U.S. and Canada

   voestalpine continues to consistently implement its local-for-local
   strategy. As reported, the company has doubled its production capacity at
   its Jeffersonville location in the U.S. state of Indiana. The new facility
   for manufacturing high-quality longitudinal beams was officially opened
   recently. With an investment of approximately EUR 70 million (USD 80
   million), the global steel and technology group is strengthening its
   market position in the North American commercial vehicle sector. The plant
   is currently in the start-up phase, with full production expected by
   mid-2027. The expansion of production capacity will create a total of 110
   new jobs.

   In addition, voestalpine is expanding its production capacity in Canada.
   voestalpine Railway Systems has signed a long-term supply agreement with
   Canadian National (CN) for locally produced specialty track solutions and
   is building a new production facility for turnouts and rail components in
   Thorold, Ontario. With this, voestalpine Railway Systems is strengthening
   its presence in Canada and creating about 30 new local jobs.

   greentec steel – further expansion plans for Donawitz

   With greentec steel, voestalpine has a clear strategy and is implementing
   it consistently. As the first step, the electric arc furnaces (EAFs) in
   Linz and Donawitz will go into operation in the first half of 2027. Both
   projects are on schedule and on budget. In June, the Group presented
   further expansion plans for the Donawitz site. The EAF facility, which is
   scheduled to begin operations next year, will be expanded by 2030, subject
   to outstanding funding issues.

   The Supervisory Board of voestalpine AG has already approved the expansion
   investment of approximately EUR 100 million. The investment includes the
   further upgrade of the power supply infrastructure, the construction of a
   third secondary metallurgy line, and an expansion of scrap logistics. This
   step would allow the Donawitz location to fully transition to electrified
   steel production starting in 2030.

   Increase in earnings and continued positive cash flow trend

   In the first quarter of 2026/27, the voestalpine Group increased its
   revenue by 2.4% from EUR 3.9 billion in the previous year to EUR 4
   billion. The operating result (EBITDA) improved to EUR 495 million (EUR
   361 million in Q1 2025/26). In addition to the sustainable positive
   effects of the cost reduction and efficiency improvement programs already
   implemented, earnings performance in the first quarter of 2026/27 was
   significantly influenced by one-off positive and negative extraordinary
   effects in the High Performance Metals Division, particularly from the
   sale of voestalpine BÖHLER Profil and from the continued reorganization
   measures.

   In total, the EBITDA for the first quarter of 2026/27 includes
   approximately EUR 100 million in one-time effects. Profit from operations
   (EBIT) rose significantly year-on-year by 78.8%, from EUR 172 million to
   EUR 307 million.

   Profit before tax more than doubled to EUR 279 million (previous year: EUR
   139 million). Profit after tax improved to EUR 196 million (previous year:
   EUR 106 million). Free cash flow for the first quarter of 2026/27 was EUR
   224 million, which includes a one-time effect of approximately EUR 150
   million from the sale of voestalpine BÖHLER Profil.

   The reduction of net financial debt continued unabated during the current
   reporting period, net financial debt was further reduced by 28.7%
   year-on-year to EUR 1 billion as of June 30, 2026. Compared with the
   reporting date of March 31, 2026 (EUR 1.3 billion), net financial debt
   decreased by 17.9%. Given the significant increase in greentec steel’s
   investment requirements in recent years, this development is particularly
   noteworthy and underscores voestalpine’s strong ability to fund itself.

   The voestalpine Group’s equity increased to EUR 8 billion, both
   year-on-year and compared to the reporting date of March 31, 2026
   (year-on-year: +6.8%, since March 30, 2026: +2.9%). The gearing ratio (net
   financial debt as a percentage of equity) improved to 12.9%.

   On June 30, 2026, the number of employees in the voestalpine Group
   worldwide amounted to around 48,640 (full-time equivalents), which is 1.8%
   lower than in the previous year (49,550). The decline is primarily due to
   the reorganization measures in the High Performance Metals Division and in
   the Automotive Components business unit of the Metal Forming Division.

   Outlook for the 2026/27 business year

   The geopolitical tensions that already had a significant impact on the
   2025/26 business year continue to affect economic development in the first
   quarter of 2026/27. In particular, the renewed escalation of the conflict
   in the Middle East is influencing energy prices significantly and,
   consequently, is very likely to affect inflation and interest rates.
   Furthermore, the economic and regulatory conditions between Europe and
   North America remain volatile and difficult to predict.

   The start of the 2026/27 business year was thus significantly shaped by
   external factors. To date, voestalpine AG has successfully navigated these
   developments, continuing to rely on a solid strategy that, among other
   things, focuses on the Group’s broad diversification.

   Against the backdrop of a global economic environment similar to that of
   the 2025/26 business year, it is expected that the key market trends will
   largely continue. In Europe in particular, new regulatory measures are
   currently providing additional momentum, with initial positive effects
   already evident in the last quarter of the previous business year.

   Considering ongoing geopolitical uncertainties, continuing market trends,
   and the positive effects from regulatory and internal measures, the
   Executive Board of voestalpine AG continues to expect solid financial
   performance for the 2026/27 business year, with EBITDA in the range of EUR
   1.60 to 1.85 billion.

   The voestalpine Group

   voestalpine is a globally leading steel and technology group with a unique
   combination of materials and processing expertise. voestalpine, which
   operates globally, has around 500 Group companies and locations in more
   than 50 countries on all five continents. The voestalpine Group has been
   listed on the Vienna Stock Exchange since 1995. With its premium products
   and system solutions, voestalpine is a leading partner to the automotive
   and machinery industries, as well as to the aerospace and energy
   industries. The company is also the global market leader in railway
   systems and special sections. voestalpine is committed to the global
   climate goals and has a clear plan for transforming steel production with
   its greentec steel program. In the business year 2025/26, the Group
   generated revenue of EUR 15.1 billion, with an operating result (EBITDA)
   of EUR 1.5 billion; it has around 48,800 employees worldwide.

    

   Please direct your inquiries to
    

   voestalpine AG

   Dino Malkic

   Head of Investor Relations

   voestalpine-Strasse 1

   4020 Linz, Austria

   T. +43/50304/15-2558

   [email protected]

   [1]www.voestalpine.com

    

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   05.08.2026 CET/CEST This Corporate News was distributed by [2]EQS Group

   View original content: [3]EQS News

   ══════════════════════════════════════════════════════════════════════════

   Language:    English
   Company:     voestalpine AG
                voestalpine-Straße 1
                4020 Linz
                Austria
   Phone:       +43 50304/15-2558
   Fax:         +43 50304/55-5581
   E-mail:      [email protected]
   Internet:    www.voestalpine.com
   ISIN:        AT0000937503
   WKN:         897200
   Listed:      Vienna Stock Exchange (Official Market)
   LEI Code:    529900ZAXBMQDIWPNB72
   EQS News ID: 2377230


    
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