Austria's Voestalpine tops expectations on strong aerospace demand
03/06/2026 06:43
Austria's Voestalpine tops expectations on strong aerospace demand June 3 (Reuters) - Austrian steelmaker Voestalpine VOES.VI reported full-year core earnings slightly above market expectations on Wednesday, driven by strong orders in its aerospace and railway systems divisions.
The supplier for the automotive industry recorded earnings before interest, taxes, depreciation and amortization of €1.49 billion ($1.73 billion) for its 2025/26 financial year, compared with €1.33 billion last year and a consensus of €1.45 billion from analysts polled by Vara.
($1 = 0.8605 euros)
(Reporting by Danny Callaghan; editing by Milla Nissi-Prussak)
((Email: danny.callaghan@thomsonreuters.com))
Recent news on Voestalpine AG
See all newsEurope Research Roundup: Banco BPM, Sartorius, TP
Austria's Voestalpine sees annual earnings at low end of forecast range (updated)
Refile: Austria's Voestalpine sees annual core earnings at low end of guidance range
Austria's voestalpine H1 revenue flat; narrows FY26 EBITDA outlook
Brief: Voestalpine H1 Revenue EUR 7.7 Billion