INTERVIEW-UPDATE 1-Voestalpine sees major earnings lift 2010/11

Newswire

* CEO sees 09/10 EBIT of 200-300 mln eur vs I/B/E/S 369 mln * "Significant earnings improvement" in 2010/11 * All client sectors either stabilising or improving * Fully funded, sufficient liquidity for next 18-24 months * Share extends gains, trades up 2.7 pct By Alexandra Schwarz and Sylvia Westall VIENNA, Jan 29 (Reuters) - Austrian steel group Voestalpine expects better demand and significantly higher earnings in its 2010/11 business year as fears of a setback this spring have ...

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