This is what makes this Austrian steel producer and processor so different from its peers, in our opinion. Management again made it very clear that it has no intention to increase carbon steel production but that it will spend sizeable amounts (>1% of annual revenue) to develop new products and processes that will help clients to reduce the weight of their products. This has made the company a very successful and profitable player in its industry and management is confident that it can continue ....
19 Sep 2017
Other steel producers think in tons, Voestalpine in profits
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Other steel producers think in tons, Voestalpine in profits
voestalpine AG (VOE:WBO) | 0 0 0.0% | Mkt Cap: 8,355m
- Published:
19 Sep 2017 -
Author:
Hans-Peter Wodniok -
Pages:
2
This is what makes this Austrian steel producer and processor so different from its peers, in our opinion. Management again made it very clear that it has no intention to increase carbon steel production but that it will spend sizeable amounts (>1% of annual revenue) to develop new products and processes that will help clients to reduce the weight of their products. This has made the company a very successful and profitable player in its industry and management is confident that it can continue ....