Voestalpine FY net profit 207.1 mln eur, down 82.4%
FY div 0.70 eur/shr vs 1.50 eur (Il Sole 24 Ore Radiocor) - Vienna, 05 Jun - The Austrian steel maker Voestalpine said that in the full year ended March 31 its net profit fell 82.4% to 207.1 million euros as revenue dropped to 6.7 bln euros from a record 18.2 billion a year earlier.
EBITDA contracted to 1.7 billion euros from 2.5 billion and EBIT fell 64.9% to 569.3 million.
The company cut its full-year dividend to 0.70 euros per share from 1.50 euros a year earlier.
For the 2024/2025 full year, Voestalpine expects EBITDA of 1.7-1.8 billion euros.
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(RADIOCOR) 05-06-24 12:02:57 (0309) 5 NNNN