Slide 1: Business Year 2022/23
BUSINESS YEAR 2022/23 Investor Relations June 2023 voestalpine AG www.voestalpine.com
Slide 2: voestalpine Group Development BY 2022/23
voestalpine GROUP DEVELOPMENT BY 2022/23 » BY 2022/23 was significantly influenced by the war in Ukraine, distortions in energy markets, high inflation and interest rate hikes » In this volatile and uncertain environment, we succeeded in setting new records for sales and earnings » Market trends » S
Slide 3: Development of Divisions
DEVELOPMENT OF DIVISIONS voestalpine AG 3 | June 2023 | Investor Relations
Slide 4: Steel Division Business Development
STEEL DIVISION BUSINESS DEVELOPMENT » Exceptional earnings in Q1 BY 2022/23 due to distortions on the European steel market in the wake of the war in Ukraine » Calming and usual summer seasonality in Q2, demand slowdown after heavy destocking in Q3, followed by recovery in Q4 BY 2022/23 » Market tre
Slide 5: Steel Division Financial Figures BY 2022/23
STEEL DIVISION FINANCIAL FIGURES BY 2022/23 Q1 Q2 Q3 Q4 BY BY Delta €m 22/23 22/23 22/23 22/23 22/23 21/22 in % Revenue 1,826 1,611 1,504 1,709 6,650 5,702 +16.6 EBITDA 527 270 140 184 1,120 1,151 -2.7 EBITDA-% 28.8% 16.7% 9.3% 10.7% 16.8% 20.2% EBIT 462 204 77 120 863 889 -3.0 EBIT-% 25.3% 12.7% 5.
Slide 6: High Performance Metals Division Business Development
HIGH PERFORMANCE METALS DIVISION BUSINESS DEVELOPMENT » Strong demand for special materials in BY 2022/23 » Upward trend in aerospace business » Strong demand from oil & gas sector » Solid development in tool steel business in BY 2022/23 » Very strong start of the business year, but some slowdown in
Slide 7: High Performance Metals Division Financial Figures BY 2022/23
HIGH PERFORMANCE METALS DIVISION FINANCIAL FIGURES BY 2022/23 Q1 Q2 Q3 Q4 BY BY Delta €m 22/23 22/23 22/23 22/23 22/23 21/22 in % Revenue 959 921 904 1,006 3,790 3,052 +24.2 EBITDA 146 101 78 237 562 399 +40.6 EBITDA-% 15.2% 10.9% 8.6% 23.6% 14.8% 13.1% EBIT 108 -111 39 203 239 227 +5.4 EBIT-% 11.2%
Slide 8: Metal Engineering Division Business Development
METAL ENGINEERING DIVISION BUSINESS DEVELOPMENT » Very solid business environment for Railway Systems in BY 2022/23 » Rail deliveries in European core markets on high level » Good demand for turnout systems globally » Industrial Systems business » Tubulars: strong demand from OCTG sector (oil and ga
Slide 9: Metal Engineering Division Financial Figures BY 2022/23
METAL ENGINEERING DIVISION FINANCIAL FIGURES BY 2022/23 Q1 Q2 Q3 Q4 BY BY Delta €m 22/23 22/23 22/23 22/23 22/23 21/22 in % Revenue 1,042 1,076 1,077 1,094 4,289 3,376 +27.0 EBITDA 121 121 168 176 586 406 +44.4 EBITDA-% 11.6% 11.2% 15.6% 16.1% 13.7% 12.0% EBIT 77 77 117 133 404 228 +77.3 EBIT-% 7.4%
Slide 10: Metal Forming Division Business Development
METAL FORMING DIVISION BUSINESS DEVELOPMENT » Excellent performance in Precision Strip and Warehouse & Rack Solutions business in BY 2022/23 » Quite good development in Tubes and Sections business » Strong demand from solar industry throughout BY 2022/23 » Good development in commercial vehicle sect
Slide 11: Metal Forming Division Financial Figures BY 2022/23
METAL FORMING DIVISION FINANCIAL FIGURES BY 2022/23 Q1 Q2 Q3 Q4 BY BY Delta €m 22/23 22/23 22/23 22/23 22/23 21/22 in % Revenue 1,039 971 911 940 3,861 3,474 +11.1 EBITDA 114 85 79 97 375 433 -13.3 EBITDA-% 11.0% 8.8% 8.7% 10.3% 9.7% 12.5% EBIT 78 48 44 60 230 221 +4.2 EBIT-% 7.5% 5.0% 4.9% 6.4% 6.0
Slide 12: Financial Overview BY 2022/23
FINANCIAL OVERVIEW BY 2022/23 voestalpine AG 12 | June 2023 | Investor Relations
Slide 13: Financial Overview
voestalpine GROUP FINANCIAL OVERVIEW BY 2021/22 BY 2022/23 Delta 2021/04/01-2022/03/31 2022/04/01-2023/03/31 % Revenue 14,923 18,225 +22.1 EBITDA 2,291 2,545 +11.1 EBITDA margin 15.4 % 14.0 % EBIT 1,454 1,624 +11.7 EBIT margin 9.7 % 8.9 % Profit before tax 1,383 1,491 +7.8 Profit after tax from cont
Slide 14: YoY Development EBITDA BY 2022/23
voestalpine GROUP YoY DEVELOPMENT EBITDA BY 2022/23 2 192 2 545 2 291 233 -1 940 -231 EBITDA- EBITDA- margin margin 15.4 % 14.0 % BY Price Raw Mix/ Misc. BY 2021/22 Materials Volume 2022/23 In millions of euros voestalpine AG 14 | June 2023 | Investor Relations
Slide 15: Development Cash Flow
voestalpine GROUP DEVELOPMENT CASH FLOW BY 2021/22 BY 2022/23 2021/04/01-2022/03/31 2022/04/01-2023/03/31 Cash flow from results 1,842 1,970 Changes in working capital -599 -1,014 Cash flow from operating activities 1,243 956 Cash flow from investing activities -634 142 Free cash flow 609 1,098 In m
Slide 16: Development Gearing Ratio
voestalpine GROUP DEVELOPEMENT GEARING RATIO 7,769 7,069 6,554 6,710 88% 6,060 83% 5,652 5,615 5,650 5,075 5,262 5,115 4,691 4,836 4,263 4,262 67% 4,289 3,572 71% 58% 3,762 55% 53% 3,775 49% 58% 46% 3,080 2,995 2,882 3,037 54% 3,221 3,125 2,978 2,743 1,786 2,547 2,713 2,586 45% 47% 2,421 47% 2,291 2
Slide 17: Liquidity and Redemption Schedule
voestalpine GROUP LIQUIDITY AND REDEMPTION SCHEDULE Liquidity Redemption 2,470 -228 1,000 Committed lines 414 Financial assets -1006 -211 1,056 Cash -502 BY 2022/23 2023/24 2024/25 2025/26 2026/27 In millions of euros voestalpine AG 17 | June 2023 | Investor Relations
Slide 18: Outlook BY 2023/24
voestalpine GROUP OUTLOOK BY 2023/24 » In BY 2022/23, the economy proved very resilient despite numerous headwinds » A slowdown of economic momentum in BY 2023/24 appears highly probable given persistent inflation and rising interest rates in the major global economies » However, the global footprin
Slide 19: Investor Relations
INVESTOR RELATIONS Peter Fleischer Gerald Resch T. +43/50304/15-9949 T. +43/50304/15-3152 peter.fleischer@voestalpine.com gerald.resch@voestalpine.com voestalpine AG www.voestalpine.com