Business Development and Outlook
voestalpine GROUP
OUTLOOK BY 2022/23
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Economic sentiment slowed down recently, major economic parameters for BY 2022/23 hard to predict:
Development of Russian war against Ukraine
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» Further development of pandemic in general and global affects of Chinese zero-COVID strategy
>>> Volatility of raw material and energy prices
Nevertheless, very positive start to the BY 2022/23: Rock-solid financial base and strong order books
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Car makers struggling with supply constraints while having very high order backlogs
Uptrend in aerospace business expected to continue
Oil and gas business continues to be fueled by high energy prices
>> Railway infrastructure business a stabilizing factor like in the past
Optimistic expectations for Q1, Q2 BY 2022/23 benefitting from order backlog and contract structure
» Forecasts for 2nd half of BY 2022/23 fraught with very high uncertainty
>>> EBITDA for BY 2022/23 expected in a range of between 1.8 and 2.0 billion EUR
voestalpine AG
15 June 2022 |
Investor Relations
voestalpine
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