Slide 1: Business Year 2024/25 1st Quarter
BUSINESS YEAR 2024/25 1 QUARTER st Investor Relations AUGUST 2024 voestalpine AG www.voestalpine.com
Slide 2: Highlights Q1 2024/25
voestalpine GROUP HIGHLIGHTS Q1 2024/25 » Solid earnings in difficult economic environment » EBITDA: 417 m€ » Including negative one-offs of 28 m€ from Buderus selling process » Strong Cashflow from operations: 215 m€ » Outlook BY 2024/25: EBITDA around 1,7 bn€, at lower end of communicated guidance
Slide 3: Highlights Q1 2024/25
voestalpine GROUP HIGHLIGHTS Q1 2024/25 » Quality and innovation: Launch of Ariane 6 with parts from voestalpine voestalpine High Performance Metals Division supplied the detonator caps for the rocket engines of the spaceship » Growth in processing: successful closing of acquisition of Italfil S.P.A
Slide 4: Global Market Environment Q1 2024/25
voestalpine GROUP GLOBAL MARKET ENVIRONMENT Q1 2024/25 » EUROPE: Continued weakness in economy » European voestalpine plants performed solid overall, but faced diverging demand trends in different market segments » NORTH AMERICA: Economic indicators point to a slowdown, but “soft landing” narrative
Slide 5: Highlights Development Divisions Q1 2024/25
voestalpine GROUP HIGHLIGHTS DEVELOPMENT DIVISIONS Q1 2024/25 » Steel Division » voestalpine Steel Division performed very well in a difficult European steel market » Strategy to focus on technologically demanding market segments with less competition - like Automotive sheet and special plates - pay
Slide 6: Highlights Development Divisions Q1 2024/25
voestalpine GROUP HIGHLIGHTS DEVELOPMENT DIVISIONS Q1 2024/25 » Metal Engineering Division » Strong demand in Railway Systems globally » Seamless Tubes business slowed down according to lower exploration activities in US » Welding business stable globally, challenging market for Wire Technology in E
Slide 7: Financial Overview 1st Quarter BY 2024/25
FINANCIAL OVERVIEW 1st QUARTER BY 2024/25 voestalpine AG 7 | August 2024 | Investor Relations
Slide 8: Financial Overview
voestalpine GROUP FINANCIAL OVERVIEW Q1 BY 2023/24 Q1 BY 2024/25 Delta 2023/04/01-2023/06/30 2024/04/01-2024/06/30 % Revenue 4,446 4,146 -6.7 EBITDA 499 417** -16.5 EBITDA margin 11.2% 10.1% EBIT 311 228** -26.7 EBIT margin 7.0% 5.5% Profit before tax 273 189** -31.0 Profit after tax* 213 150** -29.
Slide 9: YoY Development EBITDA Q1 BY 2024/25
voestalpine GROUP YoY DEVELOPMENT EBITDA Q1 BY 2024/25 499 -13 417 -122 EBITDA- margin -199 252 EBITDA- 11.2 % margin 10.1 % Q1 Price Raw Mix/ Misc. Q1 2023/24 Materials Volume 2024/25 In millions of euros voestalpine AG 9 | August 2024 | Investor Relations
Slide 10: Development Cash Flow
voestalpine GROUP DEVELOPMENT CASH FLOW Q1 BY 2023/24 Q1 BY 2024/25 2023/04/01-2023/06/30 2024/04/01-2024/06/30 Cash flow from results 401 329 Changes in working capital -391 -114 Cash flow from operating activities 10 215 Cash flow from investing activities -260 -226 Free cash flow -250 -11 In mill
Slide 11: Development Gearing Ratio
voestalpine GROUP DEVELOPMENT GEARING RATIO Solid equity base as of 2024/06/30: » Equity: 7,561 €m » Equity ratio: 47 % Low debt level as of 2024/06/30: » Gearing ratio: 23% » Net debt / EBITDA*: 1.1 * Accumulated EBITDA-figures of last 4 business quarters Net financial debt (€m) Gearing ratio (%) v
Slide 12: Liquidity and Redemption Schedule
voestalpine GROUP LIQUIDITY AND REDEMPTION SCHEDULE Liquidity Redemption 2,662 1,300 Committed lines -967 -214 611 Financial assets -503 -2 751 Cash Q1 BY 2024/25 2024/25 2025/26 2026/27 2027/28 In millions of euros voestalpine AG 12 | August 2024 | Investor Relations
Slide 13: Green Financing Framework
voestalpine GROUP GREEN FINANCING FRAMEWORK » voestalpine launched the first Green Financing Framework in the European steel space » The Framework outlines voestalpine’s approach to issuing green financing instruments, e.g. green bonds » The proceeds will be allocated to projects with clear environm
Slide 14: Outlook
voestalpine GROUP OUTLOOK » The basic trends in Q1 2024/25 are expected to continue over the course of BY 2024/25 » No substantial improvement in construction, mechanical engineering and consumer goods industries visible » Continuation of positive development in railway infrastructure, aerospace and
Slide 15: Q&A Investor and Analyst Meeting Q1 2024/25
Q&A Investor and Analyst Meeting Q1 2024/25 voestalpine AG www.voestalpine.com