Salzgitter Group delivers breakeven in its pre-tax result in the first half of 2024
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EQS-Ad-hoc: Salzgitter Aktiengesellschaft / Key word(s): Preliminary Results According to the preliminary figures now available, the Salzgitter Group generated external sales of € 5.2 billion (H1 2023: € 5.8 billion), earnings before interest, taxes, depreciation and amortization (EBITDA) of € 233.6 million (H1 2023: € 429.3 million), and a pre-tax profit of € 11.5 million (H1 2023: € 211.0 million) in the first half of the financial year 2024. The result includes a contribution of € 70.6 million from the participating investment in Aurubis AG accounted for using the (IFRS) equity method (6M 2023: € –2.4 million). Aurubis adjusted its year-earlier figures in its own reporting (restatement). The impact of this restatement has been taken into account on a proportionate basis in the comparative figures of Salzgitter AG reported here. Accordingly, the Salzgitter Group recorded € 2.6 billion (Q2 2023: € 2.9 billion), EBITDA of € 107.2 million (Q2 2023: € 139.3 million), and a pre-tax result of € –5.7 million (Q2 2023: € 27.3 million) in the second quarter of 2024. Further details on the financial statements for the first half year of 2024 will be published on August 12, 2024, as scheduled.
Contact: Markus HeidlerHead 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 End of Inside Information
19-Jul-2024 CET/CEST The EQS 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: | 1950331 |
| End of Announcement | EQS News Service |
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1950331 19-Jul-2024 CET/CEST
