Voestalpine AG
VLPNF
Other OTC47.95
USD
- -
- -
CIK
0001378984
ISIN
AT0000937503
Return %
Stock
S&P500
1Y
118.65
20.37
3Y
53.93
73.24
5Y
6.32
73.69
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- CEO
- Herbert Eibensteiner
- Full Time Employees
- 48,777
- Sector
- Basic Materials
- Industry
- Steel
- Address
- voestalpine-Strasse 1 Linz OB Austria 4020
- IPO Date
- Sep 16, 2009
- CIK
- 0001378984
- Website
- voestalpine.com
- Similar Companies
- Business
- voestalpine AG is a globally leading steel-based technology and capital goods group headquartered in Linz, Austria, and founded in 1938. The company operates around 500 Group companies and locations in more than 50 countries across all five continents, serving the automotive, consumer goods, aerospace, energy, mechanical engineering, and oil & gas industries; it holds world market leadership in railway systems, tool steel, and special sections. Its core divisions and products include Steel Division, which produces steel strip, heavy plate, and casings for large turbines; High Performance Metals Division, offering high-tech surface treatments, heat treatment, additive manufacturing, and premium tool and engineering steels; Metal Engineering Division, providing railway infrastructure systems, turnouts, rails, signaling, welding solutions, seamless tubes, and industrial systems; Metal Forming Division, manufacturing tubes, sections, precision strip, and automotive components; and Railway Systems Division, delivering integrated railway infrastructure solutions including rails, switches, and monitoring technologies. voestalpine targets premium product and system solutions for technology-intensive sectors, with a strong emphasis on customization, high-quality materials, and sustainability through its greentec steel program aimed at decarbonizing production. Recent developments include the acquisition of a majority stake in Italian welding wire manufacturer Italfil S.p.A. in July 2024 to expand low-alloy solid wires and integrated welding solutions, and the asset purchase of Wabtec Components LLC production facilities in Knoxville, Tennessee, in August 2024 to bolster North American railway infrastructure capabilities. In 2024, the company received a EUR 300 million loan from the European Investment Bank for R&D focused on energy efficiency and greentec steel; divested Buderus Edelstahl in January 2025 to sharpen focus on high-performance materials; doubled North American production capacity with a EUR 70 million investment in Indiana creating 110 jobs; expanded the H2FUTURE green hydrogen plant with VERBUND; broke ground on the Hy4Smelt climate research project with Primetals Technologies and Rio Tinto; produced the world's first hydrogen-based rail; reorganized German automotive components sites including closure of Birkenfeld; and approved expansions in Belgium and the Czech Republic while revising strategies in precision strip and Rotec units. voestalpine listed on the Vienna Stock Exchange since 1995, proposes a dividend of EUR 0.60 per share for 2024/25 under a new policy of 30% of earnings per share or at least EUR 0.40 starting 2025/26, and employs approximately 49,700 people.