Solid Performance Despite Challenging Environment
Voestalpine achieved solid results despite a challenging global environment. Notable contributions came from Railway Systems and aviation, with high-bay warehouses continuing to grow strongly.
Stable Low Debt Situation
Voestalpine maintained a stable low debt situation, with a net debt of EUR 1,651 million and a gearing ratio of 22%.
Greentec Steel Project Progress
The Greentec steel project is well on track with EUR 500 million invested out of a planned EUR 1.5 billion. The project aims for decarbonization with the construction of electric arc furnaces.
Strong Performance in Railway Systems and Aerospace
Railway Systems and Aerospace sectors performed well, with Railway Systems contributing significantly to the Metal Engineering Division's stability.
Positive Developments in North America
Voestalpine reported positive developments in North America, with new long-term contracts in the truck manufacturing sector and investments in high-bay warehouses.