voestalpine increases net profit by 138 percent and raises dividend

US tariffs burden parts of the group

CEO Herbert Eibensteiner described the initiated restructurings as ongoing. "The focus remained on the consistent reorganization of low-margin business areas and on driving international growth projects," explained the CEO. The measures from the 2024/25 financial year were further advanced.

As part of the portfolio cleanup in the High Performance Metals Division, voestalpine sold, among others, Buderus Edelstahl in Wetzlar. At the Mürzzuschlag site, voestalpine Böhler Bleche adjusted capacities, and the company voestalpine Böhler Profil was divested. The division will concentrate more strongly on high-performance materials in the future.

Restructuring in several divisions

In the Automotive Components segment of the Metal Forming Division, a restructuring is underway in Germany to secure the automotive supplier business in the long term. The background is very subdued market dynamics in European automotive production. Even though this segment is under pressure, other segments are developing significantly better.

Record orders in rail, aviation, and warehousing

The group recorded record orders in the past twelve months in railway systems, aviation, and warehousing. Deutsche Bahn and Swiss Federal Railways (SBB) ordered additional rail and switch systems, signaling technology, and monitoring services with a total volume of 500 million euros. voestalpine equipped, among others, the Austrian Koralmbahn.

In the aviation segment, the group secured orders worth around one billion euros for the coming five years, a large portion of which is from Airbus. Warehousing proved to be a growth driver once again. Demand in the railway systems and aviation sectors remained positive to high, according to the company.

Robust balance sheet and outlook

The group's balance sheet appears robust. Net financial debt decreased by 23.4 percent to 1.3 billion euros as of the reporting date at the end of March 2026. Equity stood at 7.8 billion euros. The gearing ratio – i.e., net financial debt in relation to equity – improved to 16.2 percent, reaching its lowest level in twenty years.

For the current 2026/27 financial year, management plans an EBITDA in the range of 1.60 to 1.85 billion euros. The outlook is subject to the further economic and legal framework conditions between Europe and North America, which, according to the company, have not yet reached a stable and reliable state. The unresolved conflict in the Middle East also affects energy prices and inflation.

Dividend and employment

The global workforce decreased by 1.8 percent to 48,800 employees during the reporting period. An increase in the dividend from 60 to 75 cents per share will be proposed to the Annual General Meeting on July 1, 2026, subject to shareholder approval.

Overall, the group's balance sheet shows two opposing trends: while the traditional steel business is suffering from US tariffs and a weak automotive economy in Europe, railway systems, aviation, and warehousing are benefiting from strong demand. voestalpine is therefore continuing to focus on restructuring low-profit areas and on international growth in future markets.