Voestalpine stock: H1 earnings rise as EBITDA outlook ceiling falls
Published on 11/14/2026 at 12:19 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSWhat shaped the trading week
- voestalpine reported stronger first-half earnings on November 11, 2026, with EBITDA up 17.1 percent to EUR 846 million.
- Management retained the lower end of its full-year EBITDA outlook but reduced the upper end to EUR 1.7 billion.
voestalpine reported stronger first-half earnings on Wednesday, November 11, 2026, while narrowing its full-year EBITDA outlook. The Austrian steel and technology group said revenue held broadly steady, but profitability improved in the first six months of business year 2026/27.
The company reported revenue of EUR 7.7 billion for the period from April 1 to September 30, compared with EUR 7.6 billion a year earlier. EBITDA rose 17.1 percent to EUR 846 million, while EBIT increased 36 percent to EUR 470 million. Profit after tax reached EUR 290 million, up 46.1 percent year over year.
Guidance ceiling moves lower
voestalpine now expects full-year EBITDA of EUR 1.60 billion to EUR 1.70 billion, compared with its previous range of EUR 1.60 billion to EUR 1.85 billion. The lower end therefore remains unchanged, while management reduced the upper end amid higher energy and logistics costs, postponed energy projects and temporary US tariffs.
The company said the outlook includes net positive one-off effects of around EUR 100 million recognized in the first quarter. It also reported positive free cash flow of EUR 24 million for the first half, including an approximately EUR 150 million effect from the sale of voestalpine BOHLER Profil.
Investment program stays on track
voestalpine said its greentec steel program remains on schedule and on budget. Electric arc furnaces in Linz and Donawitz are expected to begin operating in the first half of calendar year 2027, supporting the group's planned transformation of steel production.
voestalpine stock traded at 36.87 euros on Lang & Schwarz at 12:16 CET on Saturday, November 14. The quote provides the latest trading context after the week's earnings and outlook announcement.
voestalpine AG at a glance
- ISIN: AT0000937503
- WKN: 897200
- Ticker: VAS
- Home exchange: Vienna Stock Exchange
- Latest quote: 36.87 euros on Lang & Schwarz at 12:16 CET on November 14, 2026
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Further company information and investor updates are available in the voestalpine investor relations section. See also More news and analyses on voestalpine stock.
