from Salzgitter AG (isin : DE0006202005)
EQS-Adhoc: Salzgitter Aktiengesellschaft: Salzgitter Group affirms guidance in line with the preliminary half-year figures
EQS-Ad-hoc: Salzgitter Aktiengesellschaft / Key word(s): Preliminary Results
Salzgitter Aktiengesellschaft: Salzgitter Group affirms guidance in line with the preliminary half-year figures
20-Jul-2023 / 15:54 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
According to the still preliminary figures now available, the Salzgitter Group generated EBITDA of € 461 million (H1 2022: € 1,138 million) and earnings before taxes of € 243 million (H1 2022: € 971 million) in the first half-year of 2023, thereby falling short of capital market expectations. The result includes a contribution of € 29 million (H1 2022: € 84 million) from Aurubis AG, an investment included at equity (IFRS accounting). The Salzgitter Group’s external sales came in at € 5.8 billion (H1 2022: € 6.6 billion).
Against the backdrop of an anticipated weaker second half of the year, coupled with a persistently politically and economically volatile environment, we continue to anticipate the following for the Salzgitter Group in the financial year 2023:
- sales of between € 11.5 billion and € 12.0 billion,
- EBITDA of between € 750 million and € 850 million,
- a pre-tax profit of between € 300 million and € 400 million, and
- a return on capital employed (ROCE) notably below the previous year's level.
Further details on the financial statements for the first half year will be published on August 11, 2023, as scheduled.
Contact:
Markus Heidler
Head of Investor Relations
Salzgitter AG
Eisenhüttenstraße 99
38239 Salzgitter
Phone +49 5341 21-6105
Fax +49 5341 21-2570
E-Mail ir@salzgitter-ag.de
End of Inside Information
20-Jul-2023 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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| Language: | English |
| Company: | Salzgitter Aktiengesellschaft |
| Eisenhüttenstraße 99 | |
| 38239 Salzgitter | |
| Germany | |
| Phone: | +49 5341 21-01 |
| Fax: | +49 5341 21-2727 |
| E-mail: | info@salzgitter-ag.de |
| Internet: | www.salzgitter-ag.de |
| ISIN: | DE0006202005 |
| WKN: | 620200 |
| Indices: | SDAX |
| Listed: | Regulated Market in Frankfurt (Prime Standard), Hanover; Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange |
| EQS News ID: | 1684891 |
| End of Announcement | EQS News Service |
1684891 20-Jul-2023 CET/CEST