Voestalpine profit narrowly misses forecasts as European industrial downturn bites

Voestalpine AG

11/02/2026 06:35

Feb 11 (Reuters) - Voestalpine VOES.VI missed nine-month core profit expectations on Wednesday, weighed down by continuing industrial downturn in Europe and persistent weakness in the automotive sector.

The company reported earnings before interest, taxes, depreciation and amortization (EBITDA) of 1 billion euros ($1.2 billion) for the nine months through December, missing a Vara consensus estimate by about 50 million euros. In the same period last year, the figure stood at 968 million euros.

($1 = 0.8389 euros)

(Reporting by Maria Rugamer and Danny Callaghan)

((maria.rugamer@thomsonreuters.com;))