CEO Wolfgang Eder on the results of the business year 09/10

Wolfgang Eder, CEO of the voestalpine Group, on the financial results of the business year 0910: "Difficult business year 2009/10 successfully mastered"
- 2009/10 the toughest and most difficult business year in decades.
- Revenue with EUR 8.6 billion about a quarter below previous year level.
- All reporting categories clearly positive -- EBITDA EUR 1,004 million, profit after tax EUR 187 million.
- Profit from Operations increased fivefold to EUR 177 million in the fourth quarter compared to the previous years level.
- Free cash flow for the first time above EUR 1 billion.
- Gearing reduced from 88 % to 71 %.
- Proposed dividend of EUR 0,50 per share (previous year: EUR 1,05).
- Outlook: Higher earnings despite economic uncertainties.

Category:

News & Politics

Tags:

• voestalpine
• results
• business year 0910
• balance sheet
• earnings
• EBIT
• dividend

[MightyMadMax1]

...dem ist nichts mehr hinzuzufügen! Congratulations