PRESS RELEASE

from Salzgitter AG (isin : DE0006202005)

EQS-Adhoc: Salzgitter Aktiengesellschaft: Salzgitter Group suspends earnings guidance for the 2023 financial year 

EQS-Ad-hoc: Salzgitter Aktiengesellschaft / Key word(s): Forecast/Change in Forecast
Salzgitter Aktiengesellschaft: Salzgitter Group suspends earnings guidance for the 2023 financial year 

01-Sep-2023 / 07:56 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.


Aurubis AG announced yesterday in an ad hoc release that its existing guidance range for the current 2022/23 financial year cannot be maintained; revised definitive guidance was not issued. On the basis of the total number of shares in issue, Salzgitter AG holds a 29.99% interest in Aurubis AG. As this interest is included at equity, the earnings trend of the participartipation in Aurubis AG has a direct bearing on the Salzgitter Group’s result for the year and forms a fixed part of the Group’s results planning. For this reason, the Executive Board of Salzgitter AG is also suspending its results guidance for the current financial year for the time being and will adjust it accordingly once Aurubis AG has updated its guidance.        

 

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

01-Sep-2023 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com


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:1716609

 
End of AnnouncementEQS News Service

1716609  01-Sep-2023 CET/CEST

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