Voestalpine AG 2020 AR2
The report details voestalpine's performance during the challenging 2019/20 fiscal year, which was impacted by global trade conflicts and the onset of the COVID-19 pandemic. The company reported a revenue decrease of 6.2% to EUR 12,717.2 million and a negative EBIT of EUR -89.0 million, largely due to significant non-recurring impairment losses. Despite these economic headwinds, voestalpine generated EUR 1,304.0 million in cash flow from operating activities and reduced its investment volume to EUR 776.7 million. In terms of sustainability, the company advanced its H2FUTURE project for green hydrogen production and improved its CDP Climate Change rating to an 'A' leadership status.
Company: Voestalpine AG
Sector: Materials
Country: Austria
Year: 2020
Type: AR2
Pages: 232
Voestalpine AG
Annual Report
The report details voestalpine's performance during the challenging 2019/20 fiscal year, which was impacted by global trade conflicts and the onset of the COVID-19 pandemic. The company reported a revenue decrease of 6.2% to EUR 12,717.2 million and a negative EBIT of EUR -89.0 million, largely due to significant non-recurring impairment losses. Despite these economic headwinds, voestalpine generated EUR 1,304.0 million in cash flow from operating activities and reduced its investment volume to EUR 776.7 million. In terms of sustainability, the company advanced its H2FUTURE project for green hydrogen production and improved its CDP Climate Change rating to an 'A' leadership status.
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Document Details
Report Year
2020
Reporting Period
Apr 1, 2019 - Mar 31, 2020
Fiscal Year
2020
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Women in Management
Employees