Strong Cash Flow Development
Achieved a cash flow from operating activities of EUR 783 million, more than doubling from EUR 346 million in the previous year.
Steady Performance in Steel Division
Steel Division reported an EBITDA margin of more than 13% and showed strong performance despite a challenging market.
Significant Progress in Decarbonization Projects
Decarbonization projects, including greentec steel initiatives, are on time and on budget.
Positive Impact from EU Safeguard Measures
Expected tailwind from announced EU safeguard measures and Carbon Border Adjustment Mechanism (CBAM) in the upcoming year.
Strong Performance in Railway Systems
Railway Systems, part of the Metal Engineering Division, is a major contributor with more than 10% EBITDA margin and a growing business in Europe and the Middle East.