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Mon, 11.11.2024
Diversification effective – Technology Business Unit heading for a record result
Rigorous implementation of liquidity and profit improvement measures
Structural adjustments at development stage – coordination with employee representatives
Non-recurrent effects impacting the earnings forecast lay the foundations for future-proof positioning
The f...
The shareholder of Salzgitter AG (ISIN DE0006202005 / WKN 620200, the “Company”) GP Günter Papenburg Aktiengesellschaft has notified the Company that it considers, together with TSR Recycling GmbH & Co. KG (jointly the “Consortium”), to submit a voluntary public takeover bid to the shareholders of the Company in order to acquire shares of the C...
According to the preliminary figures for the first nine months of the financial year 2024, the
Salzgitter Group generated external sales of € 7.7 billion (9M 2023: € 8.4 billion), earnings before interest, taxes, depreciation and amortization of € 322 million (EBITDA; 9M 2023: € 576.0 million) and earnings before taxes of
€ -140 million (9M 2023: €...
Burden on steel-related activities from the economy failing to rebound
Supplementary short-term profitability improvement measures initiated
Diversification effective – Technology Business Unit heading for a record result in 2024
In the first half of 2024, the Salzgitter Group recorded earnings before interest, taxes, depreciation and amortizatio...
Germany’s economic recovery is still slow to materialize. Infrastructure projects long planned are being delayed, a situation compounded by persistently very high energy costs for procurement and grid usage, along with relatively high imports. Uncertainty currently prevails about a trend reversal after the summer. Against the backdrop of these fram...
According to the preliminary figures now available, the Salzgitter Group generated external sales of € 5.2 billion (H1 2023: € 5.8 billion), earnings before interest, taxes, depreciation and amortization (EBITDA) of € 233.6 million (H1 2023: € 429.3 million), and a pre-tax profit of € 11.5 million (H1 2023: € 211.0 million) in the first half of the...
Earnings before interest, taxes, depreciation and amortization (EBITDA) of € 126.4 million
Steel-related activities feeling the lackluster German economy
Diversification paying off – Technology Business Unit heading for a record result in 2024
In the first quarter of the financial year 2024 that was impacted by the ailing economy, the Salzgitter ...
The Salzgitter Group generated external sales of € 2.7 billion (Q1 2023: € 3.0 billion), earnings before interest, taxes, depreciation and amortization (EBITDA) of € 126 million (Q1 2023: € 290 million), and a pre-tax profit of € 17 million (Q1 2023: € 184 million) in the first quarter of the financial year 2024. Sales and the result of the openin...
Significant reduction in net financial debt
Dividend proposal for the Annual General Meeting of Shareholders of € 0.45 per share
Guidance for the financial year 2024:
sales of between € 10.5 and € 11.0 billion,
earnings before interest, taxes, depreciation and amortization (EBITDA) of between € 700 million and € 750 million,
earnings before ...
Further step taken in active portfolio management
"Salzgitter AG 2030" group strategy being driven forward
Salzgitter. Continuing its active portfolio management, the Salzgitter Group has now sold the Mannesmann Stainless Tubes Group (MST) to the Italian company Cogne Acciai Speciali in accordance with the best-owner principle for a purchase price...
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