UNAUDITED HALF YEAR RESULTS FOR THE SIX MONTHS ENDED 30 JUNE 2018
(World News Austria)

UNAUDITED HALF YEAR RESULTS FOR THE SIX MONTHS ENDED 30 JUNE 2018 Delivering Strong Operating Profits and Synergy Upgrades Reported Adjustments1 Adjusted Pro forma at constant currency Financial Summary H1 2018 H1 2017 H1 2018 H1 2017 EURm EURm EURm EURm Change % Revenue 1,508 855 1,508 1,210 24.6% EBITA 229 64 218 116 88.2% EBITA margin 15.2% 7.5% 14.5% 9.6% +490 bps Profit before tax 97 Earnings per share 1.60 Net debt 741 1 Further detail on the adjustments can be found in Alternative Performance Measures section Highlights Revenue of EUR1,508 million, up 24.6% on an organic basis, driven by price increases and volume growth in both Steel and Industrial divisions offsetting higher input costs...