Voestalpine Q1 revenue slightly beats on Railway Systems unit strength

Voestalpine AG

05/08/2026 06:45

Overview
Austria steel and technology group's fiscal Q1 revenue rose 2.4%, slightly beating analyst expectations
Fiscal Q1 EBITDA slightly beat consensus, aided by about EUR 100 mln in one-time effects
Company expands production in U.S. and Canada, maintains full-year EBITDA outlook

Outlook
Voestalpine maintains 2026/27 EBITDA guidance of EUR 1.60 bln to EUR 1.85 bln
Company says geopolitical tensions and energy prices likely to impact inflation and interest rates
Voestalpine expects market trends from prior year to largely continue in 2026/27

Result Drivers
RAILWAY SYSTEMS DEMAND - Robust performance in Railway Systems segment, including EUR 470 mln Rail Baltica order
ONE-TIME EFFECTS - Earnings impacted by approx EUR 100 mln in one-off effects, mainly from sale of voestalpine BÖHLER Profil and reorganization in High Performance Metals Division
PRODUCTION EXPANSION - Expansion of production capacity in U.S. and Canada to strengthen market position

Company press release: ID:nEQ1mpMvwa

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
Slight Beat*
EUR 4 bln
EUR 3.99 bln (3 Analysts)
Q1 Net Income
 
EUR 196 mln
 
Q1 EBITDA
Slight Beat*
EUR 495 mln
EUR 491.11 mln (3 Analysts)
Q1 EBIT
 
EUR 307 mln
 
Q1 Pretax Profit
 
EUR 279 mln
 
*Applies to a deviation of less than 1%; not applicable for per-share numbers.

Analyst Coverage
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 3 "strong buy" or "buy", 7 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the iron & steel peer group is "buy."
Wall Street's median 12-month price target for voestalpine AG is €48.00, about 0.7% below its August 4 closing price of €48.34
The stock recently traded at 12 times the next 12-month earnings vs. a P/E of 12 three months ago

Reuters Recommended Reads
Aug 3 - Thyssenkrupp targets end-October completion for spin-off of materials trading unit
Aug 4 - Steelmaker Ternium's Q2 profit rises, outlook brightens as margins surge
Aug 4 - Brazil's Gerdau Q2 profit jumps 70%, meets estimates

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)