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Voestalpine Q1 EBITDA Operating Result Down At EUR 417 Mln



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Aug 7 (Reuters) -VOESTALPINE AG VOES.VI:

  • POSTS SOLID RESULT AND A SIGNIFICANT INCREASE IN OPERATING CASH FLOW IN Q1 2024/25 IN A DIFFICULT MARKET ENVIRONMENT

  • EBITDA OUTLOOK AT LOWER END OF COMMUNICATED RANGE OF EUR 1.7 BILLION TO EUR 1.8 BILLION

  • CONSIDERS ISSUING A GREEN CORPORATE BOND

  • DEBT INCREASED BY 6.3% TO EUR 1.8 BILLION COMPARED TO BALANCE SHEET DATE

  • VOESTALPINE IS CONSIDERING ISSUING A NEW CORPORATE BOND IN NORTHERN FALL OF THIS YEAR

  • INCREASE IN OPERATING CASH FLOW FROM EUR 10 MILLION TO EUR 215 MILLION

  • Q1 EBITDA OPERATING RESULT DECREASED BY 16.5% YEAR-ON-YEAR TO EUR 417 MILLION (Q1 2023/24: EUR 499 MILLION)

  • PLANNED BUDERUS SALE: FURTHER IMPAIRMENT LOSS OF EUR 28 MILLION WAS RECOGNIZED IN Q1 OF 2024/25

Source text for Eikon: ID:nEQb85b3Ga

Further company coverage: VOES.VI


(Gdansk Newsroom)

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