Strong Sales Growth Expected for voestalpine

Industrials › Basic Resources ♦ 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…

or Log In

Fast News Search
Related News
Eder Favors Further Privatizations (February 14, 2011)
Eder Considers European Manufacturing Industry is at a Disadvantage (February 4, 2011)
voestalpine Intends to Strengthen Equity Capital Base (January 26, 2011)
voestalpine Successfully Places Bond Issue (January 25, 2011)
voestalpine: Increased Employee Participation Possible (January 20, 2011)
Rapid Increase in Exports to Emerging Markets (January 11, 2011)
Read More
Voestalpine, Earnings, Steel Industry, Forecasts, Opinions
Featured
See latest Vindobona Newsletter