Slide 1: Business Year 2023/24 Investor Relations
BUSINESS YEAR 2023/24 Investor Relations June 2024 voestalpine AG www.voestalpine.com
Slide 2: Highlights by 2023/24
voestalpine GROUP HIGHLIGHTS BY 2023/24 » Economic environment in Business Year 2023/24 overall challenging, European economy weak in particular » Active management and voestalpine’s global positioning as well as the diversified business portfolio helped to balance market weaknesses » Implementation
Slide 3: Market Environment by 2023/24
voestalpine GROUP MARKET ENVIRONMENT BY 2023/24 » High interest rates weighed on European economy in BY 2023/24 » Weak demand from building & construction, mechanical engineering and consumer goods sectors » Automotive industry stable with slight improvement YoY » Good demand from railway infrastruc
Slide 4: Development of Divisions
DEVELOPMENT OF DIVISIONS voestalpine AG 4 | June 2024 | Investor Relations
Slide 5: Steel Division Development by 2023/24
STEEL DIVISION DEVELOPMENT BY 2023/24 » STRATEGIC DEVELOPMENT » Groundbreaking ceremony and preparatory work for greentec steel » Order placement of electric arc furnace » BUSINESS DEVELOPMENT » Low demand from building, mechanical engineering and white goods industry » Good demand from energy and a
Slide 6: High Performance Metals Division Development by 2023/24
HIGH PERFORMANCE METALS DIVISION DEVELOPMENT BY 2023/24 » STRATEGIC DEVELOPMENT » Commissioning of new special steel plant in Kapfenberg, Austria » Initiation of sales process for Buderus Edelstahl, Germany » BUSINESS DEVELOPMENT » Weak demand for tool steel globally, but in Europe in particular » S
Slide 7: Metal Engineering Division Development by 2023/24
METAL ENGINEERING DIVISION DEVELOPMENT BY 2023/24 » STRATEGIC DEVELOPMENT » System completion in the railway infrastructure sector with a focus on intelligent, track & switch systems as well as AI-supported diagnostic & monitoring systems » Preparatory work for CO2 neutral steel production according
Slide 8: Metal Forming Division Development by 2023/24
METAL FORMING DIVISION DEVELOPMENT BY 2023/24 » STRATEGIC DEVELOPMENT » Strategic growth projects in Europe, North- & South-America and Asia » Acquisition of Torri S.R.L complements the product range in warehouse business » Reorganization of Automotive Components business in Germany has started » BU
Slide 9: Financial Overview by 2023/24
FINANCIAL OVERVIEW BY 2023/24 voestalpine AG 9 | June 2024 | Investor Relations
Slide 10: Financial Overview
voestalpine GROUP FINANCIAL OVERVIEW BY 2022/23** BY 2023/24** Delta 2022/04/01-2023/03/31 2023/04/01-2024/03/31 % Revenue 18,225 16,684 -8.5 EBITDA 2,544 1,666 -34.5 EBITDA margin 14.0 % 10.0% EBIT 1,623 569 -64.9 EBIT margin 8.9 % 3.4% Profit before tax 1,489 383 -74.3 Profit after tax* 1,177 207
Slide 11: Balance Sheet Effects in BY 2023/24
voestalpine GROUP BALANCE SHEET EFFECTS IN BY 2023/24 BY 2023/24 EBITDA EBIT Impairment loss due to intended sale of Buderus Edelstahl -92 -181 Impairment loss in High Performance Metals Division -179 Impairment loss in Metal Forming Division -68 Government support payments +93 +93 Valuation of gas
Slide 12: EBITDA in Multi-Year Comparison
voestalpine GROUP EBITDA IN MULTI-YEAR COMPARISON 2,544 2,291 1,954 1,666 1,530 1,583 1,541 1,565 1,374 1,181 1,148 2013/14 2014/15 2015/16 2016/17 2017/18 2018/19 2019/20 2020/21 2021/22 2022/23* 2023/24 EBITDA (in millions of euros) *) BY 2022/23 acc. IAS 8 retrospectively adjusted voestalpine AG
Slide 13: YoY Development EBITDA BY 2023/24
voestalpine GROUP YoY DEVELOPMENT EBITDA BY 2023/24 2 544 647 -233 1 666 -683 EBITDA- -609 margin 14.0 % EBITDA- margin 10.0 % BY Price Raw Mix/ Misc. BY 2022/23 Materials Volume 2023/24 In millions of euros voestalpine AG 13 | June 2024 | Investor Relations
Slide 14: Development Cash Flow
voestalpine GROUP DEVELOPMENT CASH FLOW BY 2022/23 BY 2023/24 2022/04/01-2023/03/31 2023/04/01-2024/03/31 Cash flow from results 1,969 1,269 Changes in working capital -1,013 179 Cash flow from operating activities 956 1,448 Cash flow from investing activities 142 -1,054 Free cash flow 1,098 394 In
Slide 15: Development Gearing Ratio
voestalpine GROUP DEVELOPMENT GEARING RATIO 3,775 Solid equity base 67% 3,221 3,125 as of 2024/03/31: 2,978 3,080 2,995 2,743 » Equity: 7,500 €m 2,421 58% 2,291 » Equity ratio: 45 % 54% 53% 46% 46% 47% 49% 1,661 1,651 32% Low debt level 22% 22% as of 2024/03/31: » Gearing ratio: 22% 2013/14 2014/15
Slide 16: Liquidity and Redemption Schedule
voestalpine GROUP LIQUIDITY AND REDEMPTION SCHEDULE Liquidity Redemption 2,558 1,000 Committed lines 236 Financial assets -1,109 -213 1,322 -503 Cash -2 BY 2023/24 2024/25 2025/26 2026/27 2027/28 In millions of euros voestalpine AG 16 | June 2024 | Investor Relations
Slide 17: Outlook
voestalpine GROUP OUTLOOK » The existing trends have not changed materially since the start of BY 2024/25: » Ongoing good demand situation in railway systems, aerospace and automated warehousing business expected » The automotive industry and the energy sector should largely continue their stable de
Slide 18: Transformation to Net Zero CO2 Emissions
TRANSFORMATION TO NET ZERO CO2 EMISSIONS voestalpine AG www.voestalpine.com
Slide 19: Transformation of Group in Steps
voestalpine GROUP TRANSFORMATION of GROUP in STEPS 2030 - 2035 Metals business Industrial business Metals business Industrial business 68% EUR 16.7 bn. group revenues BY 2023/24 32% until 2027 Industrial business 68% EUR 16.7 bn. group revenues 32% green steel Industrial business BY 2023/24 green st
Slide 20: Transformation of Metals Business
voestalpine GROUP TRANSFORMATION of METALS BUSINESS Metal Engineering Steel Division Division greentec steel edition 5 blast furnaces CO2 reduced steel via until 2027 allocation model Green steel production 2.5 mt green steel (up to) according to market 3 blast furnaces, 2 EAFs 2027-2030 -30% CO2 em
Slide 21: Transformation of Steel Production Hydrogen - Projects
TRANSFORMATION OF STEEL PRODUCTION HYDROGEN - PROJECTS H2FUTURE + Follow Up » Pilot plant for CO2-free production of hydrogen in the steel industry » Tests running successfully, plant efficiency > 80%. SuSteel » Direct CO2-free steel production with hydrogen plasma melt reduction » Demonstration pla
Slide 22: 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