Slide 1: Business Year 2024/25 1st-3rd Quarter
BUSINESS YEAR 2024/25 1 -3 QUARTER st rd Investor Relations FEBRUARY 2025 voestalpine AG www.voestalpine.com
Slide 2: Strategy 2030+ is our response to the challenges of the future
STRATEGY 2030+ IS OUR RESPONSE TO THE CHALLENGES OF THE FUTURE GLOBAL MEGATRENDS Geopolitical uncertainty, (de)globalization & Safeguards trade barriers future economic viability Climate change, sustainability & conservation of resources Challenges & & resilience opportunities STRATEGY Demographic &
Slide 3: Strategy 2030+: clear goals for the coming years
voestalpine STRATEGY 2030+ CLEAR GOALS FOR THE COMING YEARS Value-enhancing growth in a Internationalization in the dynamic environment changed trading environment Making decarbonization a Competitive business success production sites Take advantage of new mobility Reinforce technological requiremen
Slide 4: Portfolio optimization in BY 2024/25
voestalpine GROUP PORTFOLIO OPTIMIZATION IN BY 2024/25 Successful sale of Buderus Edelstahl, Germany, closed in Jan. 2025 » Reduction of European footprint in standardized product segment » Product mix improvement towards high end tool steels and special metals Reorganization of business processes i
Slide 5: Transformation on time & budget: low-capex and low-risk approach
TRANSFORMATION ON TIME & BUDGET LOW-CAPEX AND LOW-RISK APPROACH Steel Division Metal Engineering Share of voestalpine’s revenues Division with no material Scope 1+2 emissions 2024 5 blast furnaces 52 % 1. Step in progress Projects on time and on budget (CAPEX: 1.5 bn. EUR) 2027-2030 25 % of CAPEX sp
Slide 6: Development in global markets Q3 2024/25
voestalpine GROUP DEVELOPMENT IN GLOBAL MARKETS Q3 2024/25 » Sizeable part of EUROPEAN voestalpine business impacted by ongoing weakness of the economy. In contrast, Railway Systems, Aerospace, Warehouse & Rack Solutions did very well » NORTH AMERICAN voestalpine plants performed quite well. Oil & g
Slide 7: Development divisions Q3 2024/25
voestalpine GROUP DEVELOPMENT DIVISIONS Q3 2024/25 » Steel Division performed overall well in a generally difficult European steel market, Q3 affected by slowing demand from automotive segment. Q1-Q3 earnings increased YoY » High Performance Metals Division faced a consistently challenging market in
Slide 8: Financial Overview 1st-3rd Quarter BY 2024/25
FINANCIAL OVERVIEW 1st-3rd QUARTER BY 2024/25 voestalpine AG 8 | February 2025 | Investor Relations
Slide 9: Financial overview
voestalpine GROUP FINANCIAL OVERVIEW Q1-Q3 BY 2023/24 Q1-Q3 BY 2024/25 Delta Comments on Delta y-o-y: 2023/04/01- 2024/04/01- % 2023/12/31 2024/12/31 Revenue 12,388 11,742 -5.2 Revenue » Lower volumes and prices EBITDA 1,267 968* -23.6 » Positive mix effect EBITDA margin 10.2% 8.2% Operational resul
Slide 10: YoY development EBITDA
voestalpine GROUP YoY DEVELOPMENT EBITDA Q3 BY 2024/25 1400 494 Price vs. Raw Materials 1,267 1200 -55 » Improving gross-margin 1000 968 Mix / Volume -298 800 » Negative volume effect offset by better EBITDA- -440 product mix to large extent 600 margin EBITDA- 10.2 % margin Miscellaneous 400 8.2 % »
Slide 11: Strong cash flow from operating activities and free cash flow in Q3 2024/25
STRONG CASH FLOW FROM OPERATING ACTIVITIES AND FREE CASH FLOW IN Q3 2024/25 Q1-Q3 BY Q1-Q3 BY Q3 BY 2024/25 2023/24 2024/25 2024/10/01 2023/04/01- 2024/04/01- 2024/12/31 2023/12/31 2024/12/31 Cash flow from results 968 774 190 Changes in working capital -295 -56 182 Cash flow from operating activiti
Slide 12: Strong balance sheet structure
voestalpine GROUP STRONG BALANCE SHEET STRUCTURE 4.000 3.775 80% Solid equity base 3.500 3.221 70% as of 2024/12/31: 2.978 3.080 2.995 3.125 3.000 2.743 60% » Equity: 7,467 m€ 2.421 67% 2.500 58% 2.291 50% » Equity ratio: 48 % 54% 53% 1.960 2.000 46% 46% 47% 49% 40% 1.661 1.651 1.500 30% 32% Low deb
Slide 13: Liquidity and redemption schedule
voestalpine GROUP LIQUIDITY AND REDEMPTION SCHEDULE Liquidity Redemptions 2,104 -4 -218 Successful refinancing of more 1,300 than 1 bn€ in BY 2024/25 Committed lines -503 -3 No major redemptions in BY 319 Financial assets 2025/26 485 Cash Q1-Q3 BY 2024/25 2024/25 2025/26 2026/27 2027/28 In millions
Slide 14: Outlook Q4 2024/25
voestalpine GROUP OUTLOOK Q4 2024/25 » Railway Systems, Warehouse & Rack Solutions as well as Aerospace business expected to prolong strong performance globally » No economic recovery in Europe visible, but some restocking effects in Q4 2024/25 expected » North-American voestalpine plants (Railways,
Slide 15: Q&A Investor and Analyst Meeting
Q&A Investor and Analyst Meeting 1st-3rd QUARTER 2024/25 voestalpine AG www.voestalpine.com
Slide 16: Development cash flow
voestalpine GROUP DEVELOPMENT CASH FLOW Q1-Q3 BY 2023/24 Q1-Q3 BY 2024/25 2023/04/01- 2024/04/01- 2023/12/31 2024/12/31 Cash flow from results 968 774 Changes in working capital » Cutback of inventories (c. +65 m€) Changes in working capital -295 -56 » Decrease in tax liabilities (c. -120 m€) Cash f