Latest news for voestalpine (OTC:VLPNF) Stock

voestalpine AG is engaged in the manufacturing, processing and development of steel products. The company is divided into four divisions. The Steel Division is involved in the production of steel products and the casting of large turbines. The High-Performance metals Division provides metals for the automotive, consumer goods, power generation, energy and aviation sectors. The Metal Engineering division produces rails, turnout systems, track-based monitoring systems, specially treated wire and others. The Metal Forming Division provides customized special and precision sections, as well as solutions for systems in the construction, cab construction for commercial vehicles, and aviation sectors; and and Holding & Group Services. The company generates its revenue from the European Union.

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Voestalpine Posts Surge In Fiscal Year Profit

VOEST ALPINE EISENBHNSYS by Voestalpine AG

voestalpine AG

voestalpine


Austrian company <b>VOESTALPINE AG</b> (OTC: <a class="ticker" href="/stock/vlpnf#OTC">VLPNF</a>) reported a gain in its earnings for fiscal year 2015.

Voestalpine's profit before tax climbed to 740.9 million euros for the year, versus a year-ago profit of 640.8 million euros. 

Its profit jumped to 594.2 million euros from 503.4 million euros, while EPS rose to 3.11 euros from 2.59 euros.

Its revenue rose 11.19 billion euros from 11.08 billion euros, while EBIT surged 12 percent to EUR886.3 million.

The company's board proposed to increase dividend to EUR1 per share from EUR0.95 per share from the prior fiscal year.


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Latest news for voestalpine (OTC:VLPNF) Stock

Wednesday, June 03, 2015