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Profit Decrease at voestalpine
The Austrian steel producer registered an increase in revenue to € 12.06bn (plus 10.1% over BY 2010/11). EBITDA was down by 18.9%.
Profit Decrease at voestalpine / Picture: © Voestalpine AG
At € 12.1bn , the voestalpine Group generated the highest revenue in the company’s history during the business year 2011/12 (April 1, 2011 to March 31, 2012), thus exceeding revenue for the previous year (EUR 10.95bn ) by 10.1%. The previous record of € 11.7bn was achieved during the business year 2008/09.
Against the backdrop of non-recurring negative…
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