06.11.2019 Salzgitter AG  DE0006202005

DGAP-Adhoc: Salzgitter AG: Salzgitter Group delivers positive nine-month result


 

DGAP-Ad-hoc: Salzgitter AG / Key word(s): Quarter Results
Salzgitter AG: Salzgitter Group delivers positive nine-month result

06-Nov-2019 / 14:36 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - 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 recorded a pre-tax profit of EUR 40.7 million (9M 2018: EUR 284.6 million) in the first nine months of 2019, thus exceeding current market expectations. The result includes both the risk provision that had been raised by EUR 141.0 million as of September 30, 2019 in connection with the desired, mutually agreed end to the investigations conducted on the grounds of suspected cartel arrangements regarding heavy plate and strip steel products, as well as the release of EUR 48.8 million in provisions at the Strip Steel and Plate / Section Steel business units. It also includes a contribution of EUR 78.1 million from the participating investment in Aurubis AG accounted for using the equity method (9M 2018: EUR 29.2 million).

The Salzgitter Group's external sales declined to EUR 6.6 billion (9M 2018: EUR 6.9 billion) due above all to selling prices.

We affirm our earnings forecast for the financial year 2019, adjusted on September 26. Against the backdrop of restructuring expenses still to be determined for the implementation of the "FitStructure 2.0" profit improvement program, we therefore anticipate a pre-tax loss in the mid-double-digit million euro range and assume lower external sales of under EUR 9.0 billion compared with the previous year.

Further details on the financial statements for first the nine months of the financial year 2019 will be published on November 13, 2019, 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 [email protected]

06-Nov-2019 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de


Language: English
Company: Salzgitter AG
Eisenhüttenstraße 99
38239 Salzgitter
Germany
Phone: +49 5341 21-01
Fax: +49 5341 21-2727
E-mail: [email protected]
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: 906007

 
End of Announcement DGAP News Service

906007  06-Nov-2019 CET/CEST

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Die wichtigsten Finanzdaten auf einen Blick
  2015 2016 2017 2018 2019 2020 2021e
Umsatzerlöse1 8.501,50 7.892,90 8.990,20 9.278,20 8.547,30 7.090,80 8.530,00
EBITDA1,2 431,00 476,00 707,20 797,20 354,20 176,00 0,00
EBITDA-Marge3 5,07 6,03 7,87 8,59 4,14 2,48 0,00
EBIT1,4 90,00 119,00 316,80 412,60 -187,50 -119,00 0,00
EBIT-Marge5 1,06 1,51 3,52 4,45 -2,19 -1,68 0,00
Jahresüberschuss1 -45,50 56,80 193,60 277,70 -237,30 -273,90 380,00
Netto-Marge6 -0,54 0,72 2,15 2,99 -2,78 -3,86 4,46
Cashflow1,7 447,40 290,20 273,70 527,80 250,70 18,30 0,00
Ergebnis je Aktie8 -0,89 0,99 3,35 5,06 -4,46 -5,13 6,00
Dividende8 0,25 0,30 0,45 0,55 0,00 0,00 0,55
Quelle: boersengefluester.de und Firmenangaben

  Geschäftsbericht 2020 - Kostenfrei herunterladen.  
1 in Mio. Euro; 2 EBITDA = Ergebnis vor Zinsen, Steuern und Abschreibungen; 3 EBITDA in Relation zum Umsatz; 4 EBIT = Ergebnis vor Zinsen und Steuern; 5 EBIT in Relation zum Umsatz; 6 Jahresüberschuss (-fehlbetrag) in Relation zum Umsatz; 7 Cashflow aus der gewöhnlichen Geschäftstätigkeit; 8 in Euro; Quelle: boersengefluester.de

Wirtschaftsprüfer: Ernst & Young

INVESTOR-INFORMATIONEN
©boersengefluester.de
Salzgitter
WKN Kurs in € Einschätzung Börsenwert in Mio. €
620200 29,540 1.775,27
KGV 2022e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
10,19 14,52 0,70 -26,95
KBV KCV KUV EV/EBITDA
0,66 97,01 0,25 26,65
Dividende '19 in € Dividende '20e in € Div.-Rendite '20e
in %
Hauptversammlung
0,00 0,00 0,00 19.05.2021
Q1-Zahlen Q2-Zahlen Q3-Zahlen Bilanz-PK
12.05.2021 11.08.2021 15.11.2021 15.03.2021
Abstand 60Tage-Linie Abstand 200Tage-Linie Performance YtD Performance 52 Wochen
-2,12% 13,40% 36,13% 100,82%
    
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Stahl/Kupfer , 620200 , SZG , XETR:SZG