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EQS-Ad-hoc: Salzgitter Aktiengesellschaft / Key word(s): Quarterly Results 24.04.2023 / 07:30 CET/CEST In the first quarter of the 2023 financial year, the Salzgitter Group achieved earnings before interest, taxes, depreciation and amortization of €290 million (Q1 2022: €548 million) and €183 million in profit before taxes (Q1 2022: €465 million). The current capital market expectations were thus exceeded. In particular, the steel production, steel processing and technology divisions recorded very pleasing results. The result includes a €29 million contribution from the investment in Aurubis AG, which is included at equity (IFRS accounting), (Q1 2022: €62 million). Despite the strong start to the year, we are sticking to our sales and earnings forecast of March 27, 2023 due to the politically and economically volatile environment and continue to expect: |
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• a turnover of €13 billion (2022: €12.6 billion),
• Earnings before interest, taxes, depreciation and amortization (EBITDA) between €750 million and €850 million,
• a pre-tax profit of between €300 million and €400 million, and
• a return on capital employed (ROCE) that is noticeably below the previous year’s level.
Further details on the first quarter financial statements will be released as planned on May 10, 2023.
Contact:
Markus Heidler
Leiter Investor Relations
Salzgitter AG
Eisenhüttenstrasse 99
38239 Salzgitter
Phone +49 5341 21-6105
Fax +49 5341 21-2570
E-Mail [email protected]
Ende der Insider information
04/24/2023 CET/CEST The EQS distribution services include legal reporting obligations, corporate news/financial news and press releases.
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Language: |
Deutsch |
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Company: |
Salzgitter Aktiengesellschaft |
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Eisenhüttenstrasse 99 |
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38239 Salzgitter |
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Deutschland |
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Telephone: |
+49 5341 21-01 |
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Fax: |
+49 5341 21-2727 |
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E-Mail: |
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Internet: |
www.salzgitter-ag.de |
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ISIN: |
DE0006202005 |
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WKN: |
620200 |
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indices: |
SDAX |
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The stock exchange: |
Regulated market in Frankfurt (Prime Standard), Hanover; Open market in Berlin, Düsseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange |
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EQS News ID: |
1614443 |
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end of message |
EQS News-Service |
1614443 24.04.2023 CET/CEST