voestalpine with solid half-year results for 2023/24 despite economic slowdown
Robert Ottel, CFO, today informed the Chairman of the Supervisory Board that he will not accept the Supervisory Board's offer of reappointment for a five-year term starting April 1, 2024. Robert Ottel will therefore resign from the Management Board of voestalpine AG at the end of March 31, 2024.
voestalpine with solid result in Q1 2023/24 after record year
Notice to Bondholders of voestalpine AG 2.75% Convertible Bonds due 2028 (ISIN AT0000937503)
voestalpine Annual General Meeting approves dividend of EUR 1.50
voestalpine once again achieves record figures in the business year 2022/23
A year ago, the Supervisory Board of voestalpine AG gave the green light to conduct the preliminary work for climate friendly steel production in Austria. This is now at an advanced stage. Now the next approval stage has been reached. An investment of around 1.5 billion euros is being made into constructing one electric arc furnace at each of the two sites, Linz and Donawitz. As part of its “greentec steel” plan, the plant and supplier decision will be made in 2023, construction will start in 2024, and commissioning of the two units will take place in 2027. This will allow the Group to reduce its CO2 emissions by up to 30 percent from 2027. The exact start of implementation depends on clarifying unresolved funding issues in Austria.
Report on the fulfilment of obligations under stock corporation law based on the resolution on agenda item 10 of the annual general meeting of 3 July 2019.
voestalpine records very good results for Q3 2022/23 despite challenging environment
voestalpine is stock listed since 1995 and committed to value creation for its shareholders
voestalpine is a global special metals, steel, and industrial group -
we combine Steel & Metals Production with Processing & Engineering Competence in one hand.
High-tech steel producer
for highest-quality strip steel and market leader in heavy plate and foundry products for the most sophisticated applications in the energy sector. Thanks to its high-quality strip steel, the Steel Division is the first point of contact for major automotive manufacturers and suppliers worldwide. Moreover, it also is a key partner of the European white goods and mechanical engineering industries.
It produces heavy plate for energy sector applications used under the most difficult conditions. Besides serving the oil & natural gas industries, it also provides customized solutions for generating renewable energy.
Global producer for high performance metals
with a leading position in high-speed steel, tool steel, as well as aerospace materials, special steel parts, and powder technology. Innovation leader in additive manufacturing. The High Performance Metals Division is a global leader in the manufacture and downstream processing of high performance metals—particularly tool steel, high-speed steel, and other special steel as well as titanium and nickel-based alloys. Its unique product portfolio is powerfully enhanced by component production, heat treatment, coating, and additive manufacturing—all of which is embedded in a global marketing and service network. The customers of these products include the automotive and consumer goods supplier industries, special purpose engineering companies, the oil & natural gas industries as well as the aerospace industry.
Integrated system provider for railway infrastructure and other high-tech industries
and European technology leader in premium wire products; and preferred provider of high-tech seamless tubes for the oil & natural gas industries as well as for industrial applications. As the leading provider worldwide of integrated track systems, the Metal Engineering Division’s Railway Systems business unit offers customized, comprehensive solutions for all rail technology segments—from mass transit, to mixed traffic, all the way to heavy-haul and high-speed networks. The division’s Industrial Systems business unit has established itself as a global, integrated provider of complete welding solutions. It also plays a leading role as a development partner and manufacturer of premium wire products and high-tech seamless tubes.
Global manufacturer of metal parts and system components
in defined niches that require the highest quality and the most sophisticated technology for metal processing solutions within a global network that generates the best possible customer value. The Metal Forming Division is voestalpine’s competence center for highly developed special sections, tube, and precision strip steel products as well as for pre-finished system components made of pressed, stamped, and roll-formed parts that are used in a wide range of industries, but especially in the premium automotive segment. This combination of expertise in materials and processing, which is unique in the industry, and the division’s global presence make it the first choice for customers who value innovation and quality.