DGAP-News
Salzgitter AG: Salzgitter Group posts a positive result in the first nine months of 2015 - Seite 2
Trading 2,530.1 (2,404.8)
Technology 978.1 (877.2)
Industrial Participations 147.1 (137.2)
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Group 6,691.7 (6,811.5)
Pre-tax result (EBT) by business unit (EUR million):
The Salzgitter Group is returning to its original earnings forecast issued
at the start of the year, primarily as a result of the fall in metal prices
and the subsequent influence on the anticipated earnings contribution of
the Aurubis investment. We now anticipate:
- stable sales,
- a pre-tax profit in the lower double-digit million euro range and
- a return on capital employed (ROCE) that is higher than the previous
year's figure.
Additional information can be found in the full press release and the
financial report published today (www.salzgitter-ag.com/en).
Guidance on the development of the macroeconomic situation is already
fundamentally subject to a great deal of uncertainty, particularly in the
current European environment. As in recent years, please note 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 and metal prices, may still affect
performance in the course of the financial year 2015. Additional positive
or negative effects can be brought about by structural and methodological
changes; this particularly includes valuation approaches in line with IFRS
standards. The resulting fluctuation in the consolidated pre-tax result may
be within a considerable range, either to the positive or to the negative.
Disclaimer: Some of the statements made in this report have the character
of forecasts or may be interpreted as such. These are made to the best of
the Company's knowledge and judgement, 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 with regards to their scope and timing. Notwithstanding
prevailing statutory provisions and capital market law in particular, the
Company accepts 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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12.11.2015 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
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412005 12.11.2015
Pre-tax result (EBT) by business unit (EUR million):
9M 2015 (9M 2014)
Strip Steel -9.5 (-3.9)
Plate / Section Steel -32.8 (-60.1)
Energy 8.8 (-20.5)
Trading 21.0 (16.1)
Technology 16.1 (13.2)
Industrial Participations / Consolidation 20.5 (60.8)
Group 24.0 (5.5)
The Salzgitter Group is returning to its original earnings forecast issued
at the start of the year, primarily as a result of the fall in metal prices
and the subsequent influence on the anticipated earnings contribution of
the Aurubis investment. We now anticipate:
- stable sales,
- a pre-tax profit in the lower double-digit million euro range and
- a return on capital employed (ROCE) that is higher than the previous
year's figure.
Additional information can be found in the full press release and the
financial report published today (www.salzgitter-ag.com/en).
Guidance on the development of the macroeconomic situation is already
fundamentally subject to a great deal of uncertainty, particularly in the
current European environment. As in recent years, please note 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 and metal prices, may still affect
performance in the course of the financial year 2015. Additional positive
or negative effects can be brought about by structural and methodological
changes; this particularly includes valuation approaches in line with IFRS
standards. The resulting fluctuation in the consolidated pre-tax result may
be within a considerable range, either to the positive or to the negative.
Disclaimer: Some of the statements made in this report have the character
of forecasts or may be interpreted as such. These are made to the best of
the Company's knowledge and judgement, 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 with regards to their scope and timing. Notwithstanding
prevailing statutory provisions and capital market law in particular, the
Company accepts 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
---------------------------------------------------------------------
12.11.2015 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
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412005 12.11.2015
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