Voestalpine Confirms Outlook Amid Strategic Divestment

Voestalpine AT0000937503

Austrian steel and technology group Voestalpine has reached an agreement to divest its subsidiary voestalpine BÖHLER Profil GmbH & Co KG. The buyer is U.S.-based technology provider Kadant Inc., with the deal announced in late January. This move represents a deliberate step in the strategic realignment of Voestalpine's High Performance Metals Division.

Company statements indicate the divestment is a targeted portfolio optimization. Voestalpine has concluded that the structure and sales channels of BÖHLER Profil no longer align with the division's strategic core business. The group views this transaction as essentially completing the portfolio streamlining process within this segment.

Transaction Details at a Glance

• Asset Sold: voestalpine BÖHLER Profil GmbH & Co KG
• Acquiring Company: Kadant Inc. of the United States
• Annual Revenue (2024/25): €51.5 million
• Workforce: Approximately 150 employees, with full transfer to the new owner planned
• Expected Closing: By the end of the 2025/26 financial year, pending regulatory approvals

The two firms are not new partners; Kadant and Voestalpine share an established, long-standing business relationship. Kadant management discussed the acquisition in a recent conference call.

Unchanged Guidance: A Key Signal for Investors

A critical point for the market is that Voestalpine has reaffirmed its full-year forecast despite the pending sale. The group continues to project an EBITDA in the range of €1.40 billion to €1.55 billion for the current financial year.

This confirmation of the earnings outlook is significant. It demonstrates that the ongoing portfolio refinement within the division is proceeding without impacting the group's core financial expectations. For investors, the maintained EBITDA range remains the primary operational takeaway until the deal's expected closure in the 2025/26 fiscal year.