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    DGAP-Adhoc  639  0 Kommentare Salzgitter AG: Salzgitter Group delivers breakeven in its pre-tax result in the first quarter of 2016


    Salzgitter AG / Key word(s): Quarter Results

    25.04.2016 20:13

    Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
    by DGAP - a service of EQS Group AG.
    The issuer is solely responsible for the content of this announcement.

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    The Salzgitter Group generated external sales of EUR 1.9 billion in the
    first quarter of 2016 (first quarter 2015: EUR 2.3 billion) and breakeven
    in its pre-tax result (EUR 3.1 million; first quarter 2015: EUR 51.8
    million). With these results, the company has therefore provided proof of
    its sound business model, as well as the sustainable success of its
    restructuring projects in an extremely challenging market environment.
    Earnings before taxes comprise a positive contribution of EUR 11.6 million
    by the Aurubis investment (first quarter 2015: EUR +3.1 million).

    For the year as a whole we anticipate, as before, an operating pre-tax
    result around breakeven - depending on when various EU measures against
    dumped steel imports take effect - as well as net of non-recurrent expenses
    for specific measures aimed at structural improvements within the Group.

    Further details on the financial statements for the first quarter will be
    published on May 13, 2016, as scheduled.

    Information is released on the basis of the current Guidelines for Issuers
    of the German Financial Supervisory Authority (BaFin).




    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


    25.04.2016 The DGAP Distribution Services include Regulatory Announcements,
    Financial/Corporate News and Press Releases.
    Media archive at www.dgap-medientreff.de and www.dgap.de

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    Language: English
    Company: Salzgitter AG
    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
    Listed: Regulated Market in Frankfurt (Prime Standard), Hanover;
    Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg,
    Munich, Stuttgart; Terminbörse EUREX

    End of Announcement DGAP News-Service

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    DGAP-Adhoc Salzgitter AG: Salzgitter Group delivers breakeven in its pre-tax result in the first quarter of 2016 Salzgitter AG / Key word(s): Quarter Results 25.04.2016 20:13 Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. …

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