Voestalpine shares climb as Q2 profit results exceed forecasts

Voestalpine AG

12/11/2025 08:31

** Shares in Austrian steelmaker Voestalpine  VOES.VI rise around 4% after the company announced its half-year results, beating Q2 EBITDA estimates and raising its FY2025/2026 free cash flow guidance around 15%

** J.P. Morgan says Q2 EBITDA for the 2025/26 financial year came 7% ahead of company consensus and 12% ahead of the broker's own estimates

** The broker says the EBITDA for the steel division is 41% above its estimates, driven by higher pricing and better mix

** FCF guidance was raised to 350 mln euros ($408.17 million) from 300 mln euros previously

** Jefferies highlights that for this financial year, EBITDA outlook is unchanged despite macroeconomic uncertainty, with positive effects in the second half expected from its reorganisation

** Voestalpine is at the top of Austria's stock index .ATX,  Up to the previous session's close, shares were up 75.6%​ YTD

($1 = 0.8575 euros)

(Reporting by Bernadette Hogg)

((bernadette.hogg@thomsonreuters.com))