Cash GenerationSustained positive operating and free cash flow gives voestalpine durable internal funding for capex, deleveraging and decarbonization spending. Reliable cash generation supports investment cycles, reduces reliance on external financing and cushions cyclical revenue pressure.
Improved Balance Sheet / DeleveragingA materially lower leverage ratio and ~50% equity ratio provide financial flexibility to absorb steel cyclicality and fund strategic projects. Stronger capitalization reduces refinancing risk and enables strategic M&A, divestments or accelerated decarbonization investments.
Strategic Decarbonization & Growth InitiativesOn‑schedule greentec investments (EAF conversions) and targeted growth in rail, aerospace and tubes reposition the company structurally. Decarbonization lowers long-term regulatory risk, can cut production costs, and strengthens differentiation with customers prioritizing low‑carbon supply.