Salzgitter Aktiengesellschaft: After an encouraging start to the year, the Salzgitter Group raises its earnings forecast for the financial year 2021
DGAP-Ad-hoc: Salzgitter Aktiengesellschaft / Key word(s): Change in Forecast/Quarter Results 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 a contribution of In view of the good start to the year and the dynamic increase in rolled steel prices, nevertheless with explicit reference to the still imminent, virtually unquantifiable risk of the coronavirus pandemic, we now anticipate the following for the Salzgitter Group in the financial year 2021: - a pre-tax profit of between € 300 million and € 400 million (previously: between € 150 million and € 200 million). Further details on the financial statements for the first quarter will be published on May 12, 2021, 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 ir@salzgitter-ag.de
23-Apr-2021 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
Language: | English |
Company: | Salzgitter Aktiengesellschaft |
Eisenhüttenstraße 99 | |
38239 Salzgitter | |
Germany | |
Phone: | +49 5341 21-01 |
Fax: | +49 5341 21-2727 |
E-mail: | info@salzgitter-ag.de |
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: | 1188006 |
End of Announcement | DGAP News Service |
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1188006 23-Apr-2021 CET/CEST