Slide 1: Business Year 2024/25 1st Half
BUSINESS YEAR 2024/25 1 HALF st Investor Relations NOVEMBER 2024 voestalpine AG www.voestalpine.com
Slide 2: Managing voestalpine in Q2 2024/25
voestalpine GROUP MANAGING voestalpine in Q2 2024/25 Structural decisions for structural challenges » Signing of sale of Buderus Edelstahl, Germany in Oct. 2024 » Reorganization and streamlining of Automotive Components business in Germany started Successful international growth projects – example R
Slide 3: Managing voestalpine in Q2 2024/25
voestalpine GROUP MANAGING voestalpine in Q2 2024/25 Successful green bond placement » First green bond in European steel universe » 5Y / 500m€ / 3.75% annual coupon / senior unsecured » Value date: Oct. 3rd, 2024 » Secures attractive financing conditions long-term Decarbonization on time and on bud
Slide 4: Development in Global Markets H1 2024/25
voestalpine GROUP DEVELOPMENT IN GLOBAL MARKETS H1 2024/25 » EUROPEAN voestalpine business affected by weak economy, nevertheless, Railway Systems, Aerospace, Warehouse & Rack Solutions-business did very well » NORTH AMERICAN voestalpine plants performed very well in Q2 2024/25, slowdown of oil and
Slide 5: Development Divisions H1 2024/25
voestalpine GROUP DEVELOPMENT DIVISIONS H1 2024/25 » Steel Division performed well in a difficult European steel environment » High Performance Metals Division under pressure in tool steel, aerospace did well » Metal Engineering Division unchanged strong thanks to high demand for railway infrastruct
Slide 6: Financial Overview 1st Half BY 2024/25
FINANCIAL OVERVIEW 1st HALF BY 2024/25 voestalpine AG 6 | November 2024 | Investor Relations
Slide 7: Financial Overview
voestalpine GROUP FINANCIAL OVERVIEW H1 BY 2023/24 H1 BY 2024/25 Delta Comments on Delta y-o-y: 2023/04/01- 2024/04/01- % 2023/09/30 2024/09/30 Revenue 8,513 8,042 -5.5 Revenue » Lower volumes and prices EBITDA 903 718* -20.5 Operational results EBITDA margin 10.6% 8.9% » One-off effects from Buderu
Slide 8: YoY Development EBITDA H1 BY 2024/25
voestalpine GROUP YoY DEVELOPMENT EBITDA H1 BY 2024/25 353 Price vs. Raw Materials 903 -60 » Gross-margin extended 718 Mix / Volume -175 » Lower volumes due to economic -303 EBITDA- EBITDA- downturn cushioned by mix- margin margin improvement 10.6 % 8.9 % Miscellaneous » One-off effect of Buderus Ed
Slide 9: Development Cash Flow
voestalpine GROUP DEVELOPMENT CASH FLOW H1 BY 2023/24 H1 BY 2024/25 2023/04/01- 2024/04/01- 2023/09/30 2024/09/30 Changes in working capital Cash flow from results 659 585 » include decrease of tax liabilities Changes in working capital -268 -239 of c. -100m€ in H1 2024/25 Cash flow from operating a
Slide 10: Development Gearing Ratio
voestalpine GROUP DEVELOPMENT GEARING RATIO 4.000 3.775 80% Solid equity base 3.500 3.221 70% as of 2024/09/30: 2.978 3.080 2.995 3.125 3.000 2.743 60% » Equity: 7,426 €m 2.421 67% 2.500 58% 2.291 50% » Equity ratio: 48 % 54% 53% 2.046 2.000 46% 46% 47% 49% 40% 1.661 1.651 1.500 30% 32% 28% Low debt
Slide 11: Liquidity and Redemption Schedule
voestalpine GROUP LIQUIDITY AND REDEMPTION SCHEDULE Liquidity Redemptions 2,322 500 Green bond* Successful refinancing -416 projects in H1 2024/25 -210 1,300 Committed lines -503 -2 Very solid basis for future financing activities 176 Financial assets 346 Cash H1 BY 2024/25 2024/25 2025/26 2026/27 2
Slide 12: Outlook
voestalpine GROUP OUTLOOK » Strong start of BY 2024/25 but European economy deteriorated at end of H1 2024/25 » European sentiment indicators weakened significantly » Profit warnings of several European car producers » Expectations for H2 2024/25 » No economic recovery in Europe visible, despite int
Slide 13: Q&A Investor and Analyst Meeting H1 2024/25
Q&A Investor and Analyst Meeting H1 2024/25 voestalpine AG www.voestalpine.com