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    VOE   AT0000937503

VOESTALPINE AG

(VOE)
  Report
Delayed Quote. Delayed Wiener Boerse - 01/25 11:37:49 am
29.42 EUR   -1.93%
01/24VOESTALPINE : Gets a Neutral rating from UBS
MD
01/18VOESTALPINE : Receives a Sell rating from Morgan Stanley
MD
01/13VOESTALPINE : Receives a Buy rating from JP Morgan
MD
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Voestalpine : awarded certificate for sustainable steel production

11/15/2021 | 04:00am EST

voestalpine implements sustainability measures throughout the Group on an ongoing basis, and is regarded as an industry benchmark for environmental protection.

Our corporate strategy prioritizes corporate responsibility. We have been living up to our ecological and social responsibility for many years. greentec steel is our ambitious phased plan to reduce CO2 emissions in steel production.

Herbert Eibensteiner, CEO of voestalpine AG

Using a hybrid technology and electric arc furnaces would allow CO2 emissions to be reduced by around 30% in a first step to 2030. Over the long term, the goal is to successively increase the share of green hydrogen used in steel production, arriving at carbon-neutral steel by 2050.

ResponsibleSteel is the first global certification initiative for sustainability in the steel industry. Certification required the entire location to be subjected to detailed examination by a third party, with the decision made by the independent certification body LRQA.

The certificate we were awarded today proves that voestalpine meets strictly defined sustainability standards. This is at the same time an important signal for our customers who are also placing increasing importance on suppliers for whom sustainability is a priority.

Hubert Zajicek, Member of the Management Board of voestalpine AG and Head of the Steel Division The voestalpine Group

voestalpine is a globally leading steel and technology group with a unique combination of materials and processing expertise. voestalpine, which operates globally, has around 500 Group companies and locations in more than 50 countries on all five continents. It has been listed on the Vienna Stock Exchange since 1995. With its premium products and system solutions, it is a leading partner to the automotive and consumer goods industries as well as the aerospace and oil & gas industries; it is also the world market leader in railway systems, tool steel, and special sections. voestalpine is fully committed to the global climate goals, and its greentec steel program represents a clear plan for decarbonizing the production of steel. In the business year 2020/21, the Group generated revenue of EUR 11.3 billion, with an operating result (EBITDA) of EUR 1.1 billion; it had about 48,700 employees worldwide.

Disclaimer

voestalpine AG published this content on 15 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 15 November 2021 08:59:09 UTC.


ę Publicnow 2021
All news about VOESTALPINE AG
01/24VOESTALPINE : Gets a Neutral rating from UBS
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01/18VOESTALPINE : Receives a Sell rating from Morgan Stanley
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01/13VOESTALPINE : Receives a Buy rating from JP Morgan
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Analyst Recommendations on VOESTALPINE AG
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Financials
Sales 2022 14 524 M 16 419 M 16 419 M
Net income 2022 924 M 1 045 M 1 045 M
Net Debt 2022 2 629 M 2 973 M 2 973 M
P/E ratio 2022 5,68x
Yield 2022 3,44%
Capitalization 5 252 M 5 925 M 5 937 M
EV / Sales 2022 0,54x
EV / Sales 2023 0,52x
Nbr of Employees 49 068
Free-Float -
Chart VOESTALPINE AG
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Voestalpine AG Technical Analysis Chart | VOE | AT0000937503 | MarketScreener
Technical analysis trends VOESTALPINE AG
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TrendsBearishBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 17
Last Close Price 29,42 €
Average target price 37,39 €
Spread / Average Target 27,1%
EPS Revisions
Managers and Directors
Herbert Eibensteiner Chairman-Executive Management Board
Robert Ottel Chief Financial Officer
Joachim Lemppenau Chairman-Supervisory Board
Franz Gasselsberger Member-Supervisory Board
Josef Gritz Member-Supervisory Board
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