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Austrian voestalpine’s profits fall in Q1

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Publish time: 23rd August, 2013      Source: ChinaCCM
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Austria-based voestalpine released its financial result for the first quarter of the fiscal year 2013/14 (during April 1st, 2012 and March 31st, 2014).

In the first quarter of the fiscal year 2013/14, voestalpine realized sales incomes of €2.94 billion, falling by 3.8% year on year.

In the given period of time, its EBITDA dropped by 1.6% to €366 million and its net profits fell by 4.3% to €139 million, both compared to the figures in the same period of a year ago.