Strong Sales Growth Expected for voestalpine

Published: February 17, 2011; 03:19 · (Vindobona)

Analysts expect that the largest Austrian steel group will present strong quarterly results.

Strong Sales Growth Expected for voestalpine / Picture: © Vindobona.org

Profit growth is also expected. Sales for the first three quarters are estimated at around € 7.93bn, after € 6.23bn in the previous year. The EBITDA is expected to increase by 65% to € 1.1bn.

The Erste Group foresees a continuation of the developments from the previous quarter. Sales are expected to continue to increase, due on one hand to seasonal factors and on the other…

This article includes a total of 177 words.

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