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09 Nov
13:07

Voestalpine outlook deteriorates after strong first half

Austria’s voestalpine saw revenue and profit growth significantly in the first half of its 2022/23 business year. However, future growth expectations appear more pessimistic. The company’s revenue increased by 36.6% on-year in the reporting period to €9.3 billion ($9.34 billion), after most key market and product segments delivered solid performance. Ebitda surged 42% from €1 billion to €1.4 billion, and net profit jumped to €…
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