24.04.2020 Salzgitter AG  DE0006202005

DGAP-Adhoc: Salzgitter AG: Result of the first quarter largely unaffected by Corona; significant deterioration and a considerable pre-tax loss expected in the financial year 2020


 

DGAP-Ad-hoc: Salzgitter AG / Key word(s): Quarter Results
Salzgitter AG: Result of the first quarter largely unaffected by Corona; significant deterioration and a considerable pre-tax loss expected in the financial year 2020

24-Apr-2020 / 14:55 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 generated a pre-tax result of € -31.4 million in the first quarter of the financial year 2020 (Q1 2019: € +125.9 million). The contribution from the Aurubis investment included in this result (€ -18.7 million; Q1 2019: € 50.2 million) was negative due to valuation effects caused by fluctuations in the price of precious metals. Discounting this effect, the Salzgitter Group's quarterly result was in line with market expectations (EBT: € -16 million). External sales declined to € 2.1 billion due mainly to selling prices (Q1 2019: € 2.3 billion).

The significant impact of the Corona epidemic only filtered through to our order situation in mid-March, with the result of the first three months therefore largely remaining unaffected. The coming quarters will nevertheless be determined by global restrictions on economic activity. Consequently, production in large parts of the Salzgitter Group, including in Salzgitter Flachstahl GmbH as our major subsidiary, will be temporarily scaled back from May onward and short-time work applied for. We already made reference to the likelihood of these necessary steps in our press release dated April 2. The duration of these measures will depend on how the Corona crisis develops.
We anticipate a negative pre-tax result in a significant, with a high probability, triple-digit million euro range for the financial year 2020. The scope of feasible scenarios is so extensive that precise quantification would be pure speculation from a current standpoint.

Further details on the financial statements for the first quarter of 2020 will be published on Wednesday, May 13, 2020, 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]

24-Apr-2020 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: 1029621

 
End of Announcement DGAP News Service

1029621  24-Apr-2020 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 29,000 1.742,81
KGV 2022e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
10,00 14,50 0,67 -26,46
KBV KCV KUV EV/EBITDA
0,65 95,24 0,25 26,46
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
-4,75% 10,10% 33,64% 104,23%
    
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Stahl/Kupfer , 620200 , SZG , XETR:SZG