DGAP-News
Salzgitter AG - key data for the financial year 2014: 2014 earnings forecast achieved - consolidated result raised by almost EUR 500 million - Seite 3
further positive effects from the "Salzgitter AG 2015" program, we assume
the following for the Salzgitter Group in the year 2015:
- an increase in sales to around EUR 9.5 billion,
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- a pre-tax profit in the lower double-digit million euro range and
- a return on capital employed that is higher than the previous year's
figure.
Additional information can be found in the full press release published
today (www.salzgitter-ag.com/en). The annual report for the financial year
2014 will be published on March 27, 2015.
As in recent years, we make reference to the fact that opportunities and
risks from currently unforeseeable trends in selling prices, input material
prices and capacity level developments, as well as changes in the currency
parity, may considerably affect performance in the course of the financial
year 2015. The resulting fluctuation in the consolidated pre-tax result
may, as current events show, be within a considerable range, either to the
positive or to the negative. The dimensions of this range become clear if
one considers that, with around 12 million tons of steel products sold by
the Strip Steel, Plate / Section Steel, Energy and Trading business units,
an average EUR 25 change in the margin per ton is sufficient to cause a
variation in the annual result of more than EUR 300 million. Moreover, the
accuracy of the company's planning is restricted by the volatile cost of
raw materials and shorter contractual durations, on the procurement as well
as on the sales side.
Disclaimer: Some of the statements made in this report possess the
character of forecasts or may be interpreted as such. They are made upon
the best of information and belief and by their nature are subject to the
proviso that no unforeseeable deterioration occurs in the economy or in the
specific market situation pertaining to the division companies, but rather
that the underlying bases of plans and outlooks prove to be accurate as
expected in terms of their scope and timing. Notwithstanding prevailing
statutory provisions and capital market law in particular, the company
undertakes no obligation to continuously update any forward-looking
statements that are made solely in connection with circumstances prevailing
on the day of their publication.
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
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27.02.2015 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
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
End of News DGAP News-Service
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327451 27.02.2015
- a return on capital employed that is higher than the previous year's
figure.
Additional information can be found in the full press release published
today (www.salzgitter-ag.com/en). The annual report for the financial year
2014 will be published on March 27, 2015.
As in recent years, we make reference to the fact that opportunities and
risks from currently unforeseeable trends in selling prices, input material
prices and capacity level developments, as well as changes in the currency
parity, may considerably affect performance in the course of the financial
year 2015. The resulting fluctuation in the consolidated pre-tax result
may, as current events show, be within a considerable range, either to the
positive or to the negative. The dimensions of this range become clear if
one considers that, with around 12 million tons of steel products sold by
the Strip Steel, Plate / Section Steel, Energy and Trading business units,
an average EUR 25 change in the margin per ton is sufficient to cause a
variation in the annual result of more than EUR 300 million. Moreover, the
accuracy of the company's planning is restricted by the volatile cost of
raw materials and shorter contractual durations, on the procurement as well
as on the sales side.
Disclaimer: Some of the statements made in this report possess the
character of forecasts or may be interpreted as such. They are made upon
the best of information and belief and by their nature are subject to the
proviso that no unforeseeable deterioration occurs in the economy or in the
specific market situation pertaining to the division companies, but rather
that the underlying bases of plans and outlooks prove to be accurate as
expected in terms of their scope and timing. Notwithstanding prevailing
statutory provisions and capital market law in particular, the company
undertakes no obligation to continuously update any forward-looking
statements that are made solely in connection with circumstances prevailing
on the day of their publication.
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
---------------------------------------------------------------------
27.02.2015 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and 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: 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
End of News DGAP News-Service
---------------------------------------------------------------------
327451 27.02.2015
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