Voestalpine Edelstahl GmbH, which acquired PM high alloy steel producer Böghler Uddeholm AG in 2007, reports that revenue in the first quarter of the business year 2012-13 was EUR 3,051 million as of June 30th 2012, practically the same level as it was in the company's strong first quarter of the previous year of EUR 3,052 million.
This is primarily the result of a new record for quarterly revenue set by the Metal Engineering Division, while the three other divisions experienced slight declines.
At EUR 12.1 billion, the voestalpine Group generated the highest revenue in the company's history during the business year 2011-12 (April 1st 2011 to March 31st 2012), thus exceeding revenue for the previous year (EUR 10.95 billion) by 10.1%.
Mr Wolfgang Eder CEO of voestalpine AG said that "The consistent level of revenue year to year makes it abundantly clear that the broad based regional and sectoral set-up of the voestalpine Group enables it to maintain a largely stable level of revenue even in economically difficult periods."
Source - voestalpine
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