The group’s revenue increased by 3.9% to €2.69bn in Q3 16/17 which brought the ytd number to €8.1bn (-3.3%). EBITDA was up by 13% to €356m and down by 12% to €1.06bn, respectively. This trend was similar for net earnings after minorities (+28% to €101m and -32% to €326m). Revenue was slightly below but EBITDA and net earnings were slightly ahead of our forecast.
09 Feb 2017
Prices and profits have started to more than stabilise
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Prices and profits have started to more than stabilise
voestalpine AG (VOE:WBO) | 0 0 0.0% | Mkt Cap: 8,355m
- Published:
09 Feb 2017 -
Author:
Hans-Peter Wodniok -
Pages:
2
The group’s revenue increased by 3.9% to €2.69bn in Q3 16/17 which brought the ytd number to €8.1bn (-3.3%). EBITDA was up by 13% to €356m and down by 12% to €1.06bn, respectively. This trend was similar for net earnings after minorities (+28% to €101m and -32% to €326m). Revenue was slightly below but EBITDA and net earnings were slightly ahead of our forecast.