UPDATE 3-Voestalpine doubles net profit, prices strong

Newswire

(Adds detail, analyst comment) By Francois Murphy and Alexandra Schwarz VIENNA, Nov 22 (Reuters) - Austrian steelmaker voestalpine AG's second-quarter net profit doubled, helped by strong prices and rising demand in the oil sector, the firm said on Tuesday, cautiously raising its full-year earnings forecast. Net profit rose 102 percent to 112.3 million euros ($131.4 million) from 55.4 million. Earnings before interest and tax (EBIT) rose to 166.6 million euros in the three months to ...

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