Voestalpine Shares Surge on Historic Contract Win

Austrian steelmaker Voestalpine has secured the largest single order in its corporate history, providing a significant boost amid challenging conditions in other business segments. The landmark contract involves high-bay warehouse systems, arriving at a time when the automotive sector remains sluggish and U.S. tariff pressures weigh on tubular operations.

The company’s latest half-year results for 2025/26 reveal a complex transformation underway. Despite a 5.6% decline in revenue to €7.6 billion, Voestalpine demonstrated improved profitability metrics and achieved its lowest debt level in nearly two decades.

Key Financial Highlights:
– Operating cash flow doubled to €783 million
– Net debt substantially reduced from €2.0 billion to €1.5 billion
– Gearing ratio declined Read more...