EANS-Adhoc: voestalpine AG / voestalpine with significant increase in sales and earnings in the 1st half of 2010/11

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ad-hoc disclosure transmitted by euro adhoc with the aim of a Europe-wide
distribution. The issuer is solely responsible for the content of this
announcement.
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18.11.2010

The first half of the business year 2010/11 brought along nearly a tenfold
increase of voestalpine AG´s operational result compared to the same period in
the previous year.
With full utilization rates in almost all segments - against the downward trend
in the European steel industry since summer 2010 - voestalpine group is back to
an altogether normalised business environment after the crises in the years of
2008 and 2009. The development of the 2nd half 2010/11 is expected to be stable
with widely full capacity utilization.

Key figures of voestalpine Group

(acc. IFRS; in EURm)*   H1 2009/10          H1 2010/11          Change
                        01.04. - 30.09.2009 01.04. - 30.09.2010 in %
Revenue                 4,181.8             5,191.8             24.2
EBITDA                  366.8               710.5               93.7
EBITDA margin in %      8.8                 13.7                
EBIT                    42.7                414.2               870.0
EBIT margin in %        1.0                 8.0                 
Profit before tax       -42.3               317.4               
Profit for the period** -19.8               249.7               
EPS (in EUR)            -0.35               1.24                
Gearing ratio in %      90.0                65.8

* according to IFRS all results after Purchase Price Allocation (PPA)
** before minority interest and hybrid capital interest

Additional information as well as the full report about the half year´s results
of voestalpine AG per effective day of September 30, 2010 is available on our
homepage www.voestalpine.com at the category "Investors". If you have any
questions please contact our Investor Relations-Team +43/50304/15-8735

Further inquiry note:
DI Peter Fleischer
Head of Investor Relations
Tel.: +43/50304/15-9949
Fax: +43/50304/55-5581
mailto:peter.fleischer@voestalpine.com
http://www.voestalpine.com
end of announcement euro adhoc
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issuer:      voestalpine AG
             voestalpine-Straße  1
             A-4020 Linz
phone:       +43 50304/15-9949
FAX:         +43 50304/55-5581
mail:        InvestorRelations@voestalpine.co
WWW:         www.voestalpine.com
sector:      Metal Goods & Engineering
ISIN:        AT0000937503
indexes:     WBI, ATX Prime, ATX

stockmarkets: official market: Wien
language: English

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