According to the still preliminary figures now available, the Salzgitter Group generated a pre-tax profit of € 117.3 million in the first quarter of the financial year 2021, thereby exceeding current market expectations. This performance was especially attributable to the gratifying results of the Strip Steel and Trading business units, as well as  [ … ]

According to the still preliminary figures now available, the Salzgitter Group closed the financial year 2020 with a pre-tax result of € -200 million (FY 2019: € -253.3 million). Due to the rigorous crisis management, the uptrend in business development in the fourth quarter, particularly in the Strip Steel, Trading and Technology business units, a [ … ]

In connection with the ruling of the Federal Fiscal Court (Bundesfinanzhof) on structured securities lending transactions in 2016, Lower Saxony's tax authority has informed Salzgitter AG that the capital gains tax on structured securities lending transactions allowed for over the period from 2006 to 2011 must be repaid. Salzgitter AG intends to lo [ … ]

The effects of the COVID-19 pandemic exerted a considerable impact on the performance of the Salzgitter Group in the period under review. According to the preliminary figures now available, the Salzgitter Group recorded a pre-tax loss of € 224.4 million (9M 2019: € +40.7 million). The result includes a contribution of € 53.4 million from Aurubis AG [ … ]

Chief Executive Officer Prof. Dr.-Ing. Heinz Jörg Fuhrmann will have reached the age of 65 in 2021. He will therefore be retiring upon expiry of his employment contract on June 30, 2021, as planned. The Supervisory Board today appointed Dipl.-Ing. Gunnar Groebler as his successor, effective July 1, 2021. Mr. Groebler is currently a member of the E [ … ]