Slide 1: Business Year 2024/25
BUSINESS YEAR 2024/25 Investor and analyst meeting, June 2025 voestalpine AG www.voestalpine.com
Slide 2: voestalpine in Brief
voestalpine IN BRIEF » voestalpine is a global special metals, steel, and industrial group » We combine STEEL & METALS PRODUCTION with PROCESSING & ENGINEERING COMPETENCE in one hand » From this unique pool of expertise, we develop innovative solutions that offer our customers competitive advantages
Slide 3: Business Year 2024/25 Highlights
BUSINESS YEAR 2024/25 HIGHLIGHTS » Solid results in a challenging environment » Strong demand for high-tech products, particularly railway infrastructure, aviation and high-bay warehouse systems » Subdued demand in automotive components, mechanical engineering and construction » High free cash flow
Slide 4: Global Economic Environment
BUSINESS YEAR 2024/25 GLOBAL ECONOMIC ENVIRONMENT Europe North-America / USA Stagnating economic Positive economic growth, Germany development, restrained particularly hit hard Asia / China investment in industry Industrial production continues to grow, unresolved issues in real estate market in Chi
Slide 5: Local for Local Growth Projects
BUSINESS YEAR 2024/25 LOCAL FOR LOCAL GROWTH PROJECTS New long-term contracts with Production of high-speed two global truck manufacturers turnouts in Egypt for the North American market Expansion of production and Expansion of the production of sales of automated warehouse welding consumables in In
Slide 6: Developments of Divisions
DEVELOPMENTS OF DIVISIONS 6 | June 2025 | Investor Relations
Slide 7: Steel Division Development BY 2024/25
STEEL DIVISION DEVELOPMENT BY 2024/25 Strong performance of Steel Division in a challenging European steel market BUSINESS DEVELOPMENT » Low demand from construction industry, mechanical engineering industry and white goods industry » Mostly stable deliveries to automotive industry, thanks to active
Slide 8: High Performance Metals Division Development BY 2024/25
HIGH PERFORMANCE METALS DIVISION DEVELOPMENT BY 2024/25 Overall low demand and low utilization of special steel plants BUSINESS DEVELOPMENT » Tool steel: very weak market environment in Europe, North America somewhat better, good demand in China » Special materials: strong demand from the aerospace
Slide 9: Metal Engineering Division Development BY 2024/25
METAL ENGINEERING DIVISION DEVELOPMENT BY 2024/25 BUSINESS DEVELOPMENT » Good market environment for railway infrastructure globally » Mixed development in industrial business: welding stable on good levels, seamless tubes demand decreased during BY 2024/25, no recovery in wire business CURRENT SITU
Slide 10: Metal Forming Division Development BY 2024/25
METAL FORMING DIVISION DEVELOPMENT BY 2024/25 BUSINESS DEVELOPMENT » Challenging market environment for Automotive Components » Satisfying performance of Tubes & Sections despite muted demand in Europe » Precision Strip business faced subdued demand globally » Warehouse & Rack Solutions business per
Slide 11: Business Year 2024/25 Financial Figures
Business Year 2024/25 Financial figures 11 | June 2025 | Investor Relations
Slide 12: Group Financial Overview
voestalpine GROUP FINANCIAL OVERVIEW BY 2023/24 BY 2024/25 Delta Comments on Delta y-o-y: 2023/04/01- 2024/04/01- % 2024/03/31 2025/03/31 Revenue » Declining prices & shipments Revenue 16,684 15,744 -5.6 Operational results EBITDA 1,666 1,346 -19.2 » EBITDA: Lower sales prices compensated by declini
Slide 13: One-off Effects BY 2024/25
ONE-OFF EFFECTS BY 2024/25 In millions of euros EBITDA EBIT REPORTED FIGURES 2024/25 1,346 455 Balance sheet effects High Performance Metals Division -92 -176 Sale of Buderus Edelstahl -76 -83 Impairments HPM Production -78 Reorganisation HPM Division -16 -16 Balance sheet effects Metal Forming Divi
Slide 14: Group YoY Development EBITDA BY 2024/25
voestalpine GROUP YOY DEVELOPMENT EBITDA BY 2024/25 709 Price vs. Raw Materials 1,666 -135 » Gross-margin extended 1,346 Mix / Volume -294 » Lower volumes due to economic -600 downturn cushioned by mix- EBITDA- EBITDA- margin improvement margin 10.0 % 8.6 % Miscellaneous » Deviation of non-recurring
Slide 15: Group YoY Development EBITDA by Division
voestalpine GROUP YOY DEVELOPMENT EBITDA 57 1,666 Steel Division -102 » Lower volumes and prices 2 1,346 » Better mix -145 -132 HPM Division » Lower volumes and prices EBITDA- EBITDA- Metal Engineering Division margin margin 10.0 % 8.6 % » Railways improved » Wire and Welding stable » Seamless tubes
Slide 16: Group Free Cash Flow on High Level
voestalpine GROUP FREE CASH FLOW ON HIGH LEVEL BY 2023/24 BY 2024/25 2023/04/01- 2024/04/01- 2024/03/31 2025/03/31 Strong Free Cash Flow Cash flow from results 1,269 1,099 performance despite lower results and high level of CAPEX Changes in working capital 179 322 Positive impact from active Cash fl
Slide 17: Group Gearing Stable on Low Level
voestalpine GROUP GEARING STABLE ON LOW LEVEL 4000 3.775 80% Solid equity base 3.221 3500 70% 3.080 3.125 as of 2025/03/31: 2.978 2.995 67% 2.743 » Equity: 7,465 €m 3000 60% 2.421 » Equity ratio: 47 % 2500 58% 54% 2.291 50% 53% 2000 46% 46% 47% 49% 40% Low debt level 1.661 1.651 1.650 as of 2025/03/
Slide 18: Outlook
Outlook 18 | June 2025 | Investor Relations
Slide 19: Group Outlook
voestalpine GROUP OUTLOOK » Global economic environment characterized by uncertainty after “Liberation Day’s” US tariff announcements » Previously introduced US tariffs on steel and aluminum will probably impact voestalpine’s 2025/26 EBITDA by a mid double-digit million Euro amount » Market trends h
Slide 20: 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