Voestalpine Adapts to a Challenging Economic Environment in Q3 2024/25

Voestalpine AG reported a slight decrease in revenue to EUR 11.7 billion for Q3 2024/25 against a backdrop of economic challenges, particularly in Europe. The company saw strong demand for its high-tech steel products but faced negative one-off effects impacting its EBITDA, which reduced to EUR 968 million. A reorganization of German automotive locations and the sale of Buderus Edelstahl are key strategic moves aimed at consolidating operations.

The company remains financially robust with net financial debt reduced to EUR 2 billion. The diverse sectoral positioning, especially in the railway and aerospace segments, showed resilience. Growth strategies, like expanding production capacity in North America and strengthening operations in India and Egypt, continue under its "local for local" approach. The outlook predicts a stable demand for railway and aerospace but highlights ongoing uncertainty in the automotive sector.