Slide 1: Business Year 2020/21
BUSINESS YEAR 2020/21 Investor Relations JUNE 2021 voestalpine AG www.voestalpine.com
Slide 2: Highlights by 2020/21
voestalpine GROUP HIGHLIGHTS BY 2020/21 » The business year 2020/21 was determined by the spread of the Corona Virus pandemic » After the slump at the beginning of the business year, the economy recovered quickly » First priority was health and safety of our employees » We immediately implemented sa
Slide 3: Current Situation
voestalpine GROUP CURRENT SITUATION » Most market segments have recovered in the course of the business year 2020/21 » Automotive, consumer goods, mechanical engineering and building industry are currently showing high demand for steel products, tool steels, components and services » Oil and gas seg
Slide 4: Strategy Update
voestalpine GROUP STRATEGY UPDATE » Stabilization of balance sheet remains an important goal but strategy with value added growth comes back into focus » The backbone of the voestalpine-strategy is the combination of metallurgical expertise and processing know-how in order to manufacture premium pro
Slide 5: Corporate Responsibility / Climate Protection
voestalpine GROUP CORPORATE RESPONSIBILITY / CLIMATE PROTECTION » We are committed to global climate goals and we have a consistent, long-term strategy to directly avoid CO2 emissions: “greentec steel” » By 2030: hybrid concept » Incremental shift from blast furnace route to steel production using g
Slide 6: Development of Divisions by 2020/21
DEVELOPMENT OF DIVISIONS BY 2020/21 voestalpine AG 6 | June 2021 | Investor Relations
Slide 7: Steel Division Business Development by 2020/21
STEEL DIVISION BUSINESS DEVELOPMENT BY 2020/21 » Quick recovery of European steel markets in Q1 Q2 Q3 Q4 BY BY Delta €m H2 2020/21 20/21 20/21 20/21 20/21 20/21 19/20 in % » Restart of idled blast furnace in September 2020, full utilization of flat steel facilities since Revenue 835 996 1,126 1,260
Slide 8: High Performance Metals Division Business Development by 2020/21
HIGH PERFORMANCE METALS DIVISION BUSINESS DEVELOPMENT BY 2020/21 » Tool Steel Q1 Q2 Q3 Q4 BY BY Delta » Recovery in tool steel business in Europe and North €m 20/21 20/21 20/21 20/21 20/21 19/20 in % America predominantly in FQ4 20/21, China with solid demand throughout BY 2020/21 Revenue 527 534 57
Slide 9: Metal Engineering Division Business Development by 2020/21
METAL ENGINEERING DIVISION BUSINESS DEVELOPMENT BY 2020/21 » Railway Systems basically unaffected from COVID- crisis, solid development in BY 2020/21 €m Q1 Q2 Q3 Q4 BY BY Delta 20/21 20/21 20/21 20/21 20/21 19/20 in % » Wire Technology hit by bullwhip effect in automotive supply chain and started re
Slide 10: Metal Forming Division Business Development by 2020/21
METAL FORMING DIVISION BUSINESS DEVELOPMENT BY 2020/21 » Automotive Components hit hard by production Q1 Q2 Q3 Q4 BY BY Delta shutdowns in FQ1, rebound in FQ2 and further €m 20/21 20/21 20/21 20/21 20/21 19/20 in % recovery in H2 2020/21 » Similar pattern in Tubes & Sections: strong demand Revenue 4
Slide 11: Financial Overview by 2020/21
FINANCIAL OVERVIEW BY 2020/21 voestalpine AG 11 | June 2021 | Investor Relations
Slide 12: Financial Overview
voestalpine GROUP FINANCIAL OVERVIEW BY 2019/20 BY 2020/21 Delta 2019/04/01-2020/03/31 2020/04/01-2021/03/31 % Revenue 12,717 11,267 -11.4 EBITDA 1,182 1,135 -4.0 EBITDA margin 9.3% 10.1% EBIT -89 115 EBIT margin -0.7 % 1.0% Profit before tax -230 11 Profit after tax* -217 32 EPS – earnings per shar
Slide 13: Development EBITDA by 2020/21
voestalpine GROUP DEVELOPMENT EBITDA BY 2020/21 1,182 194 345 1,135 -215 EBITDA- EBITDA- margin -371 margin 9.3 % 10.1 % BY Price Raw Mix/ Misc. BY 2019/20 Materials Volume 2020/21 In millions of euros voestalpine AG 13 | June 2021 | Investor Relations
Slide 14: Development Cash Flow
voestalpine GROUP DEVELOPMENT CASH FLOW BY 2019/20 BY 2020/21 2019/04/01-2020/03/31 2020/04/01-2021/03/31 Cash flow from results 870 1,001 Changes in working capital 434 633 Cash flow from operating activities 1,304 1,634 Cash flow from investing activities -716 -582 Free cash flow 588 1,052 In mill
Slide 15: Deleveraging Despite Slump in Revenues
voestalpine GROUP DELEVERAGING DESPITE SLUMP IN REVENUES 4.1 4,0 3,5 3.3 3.3 3,0 2.7 2.4 2,5 2,0 1,5 1,0 0,5 0,0 - 0,5 FREE CASH FLOW of 1.6 billion EUR 01.04.2019 Q2 19 Q3 19 Q4 19 Q1 20 Q2 20 Q3 20 Q4 20 Q1 21 31.03.2021 FREE CASH FLOW NET FINANCIAL DEBT (Hybrid capital Revenues shown as financial
Slide 16: Development Gearing Ratio
voestalpine GROUP DEVELOPEMENT GEARING RATIO 6,710 6,554 6,060 5,652 5,615 5,650 5,262 5,075 5,115 4,289 4,263 4,691 4,836 4,262 83% 88% 3,572 3,775 3,762 71% 2,713 2,978 3,221 3,125 2,743 2,882 3,037 2,586 3,080 2,995 67% 1,786 2,547 58% 2,259 2,421 58% 54% 55% 53% 2,125 47% 1,853 46% 47% 49% 45% 4
Slide 17: Liquidity and Redemption Schedule
voestalpine GROUP LIQUIDITY AND REDEMPTION SCHEDULE Liquidity Redemption 2,452 1,080 Committed lines -723 -85 212 Financial assets -411 1,160 Cash -986 BY 2020/210 2021/22 2022/23 2023/24 2024/25 In millions of euros as of 2021/03/31 voestalpine AG 17 | June 2021 | Investor Relations
Slide 18: Outlook BY 2021/22
voestalpine GROUP Outlook BY 2021/22 » We expect the current upward trend of the broad economy to continue at least until the end of calendar year 2021 » The massive economic stimulus packages in the EU and the US should support the economy also in the medium term » Nevertheless, the COVID-crisis an
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