voestalpine: EBIT Rise Three-Fold

Industrials › Basic Resources ♦ Published: February 19, 2011; 00:23 ♦ (Vindobona)

The Austrian steel company voestalpine records a further progression of earnings in 3rd fiscal quarter 2010/11.

voestalpine: EBIT Rise Three-Fold / Picture: © Voestalpine AG

voestalpine group has achieved significant increases in sales and earnings in the first 9 months of FY 2010/11 in comparison with last year. Even on a consecutive approach, further enhancements in all earning-categories of the P&L can be reported for the 3rd quarter of FY 2010/11.

Revenues were € 7.94bn (previous year: € 6.29bn) and thus rose by 26.2%. EBITDA amounted to…

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