Voestalpine reports Q1 core profit above expectations
05/08/2026 06:34
Voestalpine reports Q1 core profit above expectations Aug 5 (Reuters) - Austrian steelmaker Voestalpine VOES.VI reported first-quarter core earnings above market expectations on Wednesday, citing strong performance of its railway and aerospace segments and one-off effects from the sale of its subsidiary Boehler Profil.
The company reported quarterly earnings before interest, taxes, depreciation and amortization of €495 million ($571 million), compared with €361 million a year ago. Analysts polled by LSEG had expected €491 million on average.
($1 = 0.8670 euros)
(Reporting by Emanuele Berro in Gdansk, editing by Milla Nissi-Prussak)
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