on Salzgitter AG (ETR:SZG)
Salzgitter Group Reports Marginal Positive Pre-Tax Result in Q3
Salzgitter Group has announced a marginally positive pre-tax result for the third quarter amidst a challenging market. The company credits its P28 profit improvement program, which contributed an additional €89 million in earnings over the first nine months, nearing its annual target.
The Technology Business Unit and Aurubis AG investment supported results, while the Trading Business Unit continued its recovery. However, high import volumes and competition from cheap Russian slabs pressured the Steel Processing sector.
For 2025, Salzgitter anticipates sales slightly above €9 billion and EBITDA between €300 million and €350 million. The pre-tax result is expected to range from €–100 million to €–50 million, with market conditions continuing to impact margins.
R. E.
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