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Voestalpine AG (VOES.VI)

VOES.VI on Vienna Stock Exchange

40.94EUR
26 May 2017
Change (% chg)

€0.32 (+0.79%)
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€40.62
Open
€40.26
Day's High
€41.13
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€40.12
Volume
378,007
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368,550
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€41.60
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€28.10

Latest Key Developments (Source: Significant Developments)

Voestalpine drives aerospace expansion with a further EUR 30 mln investment
Thursday, 4 May 2017 02:48am EDT 

May 4 (Reuters) - Voestalpine AG ::Drives aerospace expansion with a further eur 30 million investment.30 million euros ($32.63 million)will go to the kapfenberg site in Austria over the next two years.The fully automated facility is scheduled to commence operations as early as 2019.  Full Article

Voestalpine CEO says FY results broadly in line with guidance
Wednesday, 3 May 2017 03:45pm EDT 

May 3 (Reuters) - Voestalpine ::CEO Eder tells reporters full-year results will be broadly in line with guidance.Eder says company to announce total cost of Texas plant next week.Eder says decision on whether to build new stainless steel plant at Kapfenberg site will depend primarily on electricity prices.  Full Article

Voestalpine resolves to increase share capital
Monday, 6 Mar 2017 04:07am EST 

Voestalpine AG : To issue 1,400,000 new bearer shares at no par value, thus increasing registered capital by approximately 0.8 pct . Issue price was fixed at 39.93 euros per share . Upon completion of capital increase, company's capital stock will be 320,394,836.99 euros ($340.74 million) and consist of 176,349,163 individual shares . Capital increase is scheduled to take place until end of March 2017 .Purpose of issuing new shares is to further expand and safeguard voestalpine's employee shareholding scheme.  Full Article

Austrian financial watchdog closes Voestalpine investigation
Thursday, 9 Feb 2017 06:16am EST 

Voestalpine Ag : Austrian financial regulator FMA says found no wrongdoing by Voestalpine in communication of texas plant cost overruns, investigation closed Further company coverage: [VOES.VI] ((francois.murphy@thomsonreuters.com;)).  Full Article

Voest CEO: FMA audit showed no anomalies in Texas plant communication
Thursday, 9 Feb 2017 04:43am EST 

Voestalpine Ag : Voestalpine CEO says EBIT margin fall will be turned around in this quarter . Voestalpine CEO says received FMA audit saying it did not uncover any anomalies regarding Texas plant costs communication Further company coverage: [VOES.VI] ((Shadia.Nasralla@thomsonreuters.com;)).  Full Article

Voestalpine and Verbund to step up their collaboration in future
Wednesday, 27 Jul 2016 04:17am EDT 

Voestalpine AG : Voestalpine and Verbund will step up their collaboration in the future with strategic cooperation projects .Project cooperation between Verbund and Voestalpine is planned for an initial period of six years.  Full Article

Voestalpine announces new large-scale HBI order in Texas
Monday, 13 Jun 2016 04:40am EDT 

Voestalpine AG : New large-scale HBI order for Voestalpine in Texas secures full capacity utilization .In future Voestalpine will produce roughly two million tonnes of this high-quality steelmaking prematerial annually at the new location in Texas.  Full Article

Voestalpine's Texas plant EBIT margin seen at 6-8 pct in two years
Thursday, 2 Jun 2016 08:04am EDT 

Voestalpine Ag : CFO says plant in Texas will have EBIT margin of approximately 6-8 percent and that will lead to 30-35 million eur EBIT contribution in two years Further company coverage: [VOES.VI] ((vienna.newsroom@thomsonreuters.com; +43 1 53112 255;)).  Full Article

Voestalpine expects European steel prices to stay stable
Thursday, 2 Jun 2016 05:53am EDT 

Voestalpine Ag : Says expects European steel prices to stay stable, prices in China are falling slowly Further company coverage: [VOES.VI] ((vienna.newsroom@thomsonreuters.com; +43 1 53112 255;)).  Full Article

Voestalpine says outlook stable for mobility demand
Thursday, 2 Jun 2016 02:01am EDT 

Voestalpine : Says expects customer segments in mobility division (autos, railways, aircraft) to have ongoing stable performance in 2016/17 Further company coverage: [VOES.VI] ((vienna.newsroom@thomsonreuters.com; +43 1 531 12 258;)).  Full Article

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Austria's Voestalpine says Texas plant cost more than $1 billion

VIENNA Steelmaker Voestalpine said on Wednesday the final cost of its direct reduction plant in the United States amounted to $1.012 billion (929 million euros), more than the $990 million estimated at the beginning of the year.