AT A GLANCE: Voestalpine group earnings up 240% in April-June

August 06, 2021 / www.metalbulletin.com / Article Link

A summary of the financial results for Austrian steelmaking group Voestalpine for the second quarter of 2021.

Voestalpine has reported significant year-on-year earnings growth for the period from April 1 to June 30, 2021, the first quarter of its financial year. Almost all of the group's market and product sectors showed growth and positive performance, although in the aerospace sector earnings were steady.The steel and the metal forming divisions, which were worst affected by the Covid-19 pandemic in 2020, now have recovered and showed revenue up by 58.30% and 81.00% respectively, while the high performance metal division showed 33.50%...

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