Voestalpine

Because of the low water level of the Danube, voestalpine is moving a significant portion of its raw material and goods transports to rail. Logistics and rail company Logserv is enabling the shift of more than one hundred thousand tonnes without noticeable additional costs so far, and raw material supply at the Linz site is currently secure. CEO Herbert Eibensteiner calls the change a logistical effort but so far manageable; if the drought continues, shipping will likely only be possible again after rain. » More on kurier.at

Voestalpine reported EBITDA of €495m in the first quarter, missing the analyst consensus of €505m. The confirmed full-year forecast has a midpoint of €1.725bn, roughly 3% below the consensus of €1.78bn. The free cash flow forecast was raised from €200m to around €250m. Investors reacted with share price losses, sending the stock sharply down from the day's high; the decline is regarded as company-specific. » More on de.investing.com

Voestalpine shares rose about 6.3% to €43.36 after a double upgrade by JPMorgan. Analyst Dominic O’Kane raised the rating from Underweight to Overweight, citing new EU protective measures for steel imports that sharply cut duty‑free quotas and raise tariffs on excess volumes. JPMorgan also upgraded competitors and expects European steel prices to rise in the second half of 2026. Voestalpine also reported strong fundamentals, with almost triple net profit, reduced net debt and an EBITDA guidance for 2026/27 of €1.60–1.85 billion. » More on de.investing.com