Voestalpine Cuts Dividend After Further Decline in Profits

Kronen Zeitung

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The environment in Europe is difficult – nevertheless, the Voestalpine can continue to maintain itself well. Due to the global positioning and the wide-ranging industries for which the steel group is active, sales of 15.7 billion euros were achieved in the 2024/25 financial year. A minus of about one billion! Nevertheless, the profit after tax from previously 207 "only" fell to 179 million euros. Factory closures in Germany, reduction of holiday…

Die Presse

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Sales revenues fell by around EUR 1 billion to EUR 15.7 billion. Earnings after tax decreased from EUR 207.1 to EUR 178.6 million. The dividend is to be reduced from 70 to 60 cents per share.

SALZBURG24

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The voestalpine steel group is struggling with the effects of a difficult economic environment. Sales in the previous financial year fell by a sum of EUR 1 billion.