Salzgitter AG (ETR: SZG)

Germany flag Germany · Delayed Price · Currency is EUR
15.80
-0.18 (-1.13%)
Dec 20, 2024, 5:43 PM CET
-45.82%
Market Cap 854.58M
Revenue (ttm) 10.11B
Net Income (ttm) -192.10M
Shares Out 54.09M
EPS (ttm) -3.55
PE Ratio n/a
Forward PE 53.78
Dividend 0.45 (2.85%)
Ex-Dividend Date n/a
Volume 199,311
Open 15.86
Previous Close 15.98
Day's Range 15.45 - 15.92
52-Week Range 12.96 - 29.36
Beta 2.01
Analysts n/a
Price Target n/a
Earnings Date Mar 21, 2025

About Salzgitter AG

Salzgitter AG, together with its subsidiaries, engages in steel and technology businesses worldwide. It operates through four segments: Steel Production, Steel Processing, Trading, and Technology. The Steel Production segment manufactures steel and special steels, such as hot-rolled wide strip, steel sheet, sections, tailored blanks, as well as scrap trading. The Steel Processing segment produces various high-grade heavy plates; and manufactures line pipes, HFI-welded tubes, and precision and stainless-steel tubes. The Trading segment operates ... [Read more]

Industry Steel
Sector Materials
Founded 2005
Employees 25,183
Stock Exchange Deutsche Börse Xetra
Ticker Symbol SZG
Full Company Profile

Financial Performance

In 2023, Salzgitter AG's revenue was 10.79 billion, a decrease of -14.04% compared to the previous year's 12.55 billion. Earnings were 200.10 million, a decrease of -81.50%.

Financial Statements

News

Salzgitter AG Hits Breakeven in Challenging Market: Nine-Month Results

Salzgitter AG navigated a tough market in 2024, breaking even operationally. While sales dipped, the Technology Unit thrived, and strategic shifts aim to secure future growth amidst financial challeng...

5 weeks ago - Wallstreet:Online

EQS-News: Salzgitter AG delivers nine-month operating result at breakeven in a tough market environment

EQS-News: Salzgitter Aktiengesellschaft / Key word(s): Quarter Results Salzgitter AG delivers nine-month operating result at breakeven in a tough market environment 11.11.2024 / 07:30 CET/CEST The iss...

5 weeks ago - Wallstreet:Online

VW decides to confront its own inconvenient truth

The S&P Global Mobility AutoIntelligence service provides daily analysis of global automotive news and events. We deliver timely context and impactful analysis for navigating the fast-moving industry....

6 weeks ago - S&P Global Platts

EQS-Adhoc: Salzgitter Aktiengesellschaft: Potential voluntary public takeover bid to the shareholders of Salzgitter AG

EQS-Ad-hoc: Salzgitter Aktiengesellschaft / Key word(s): Tender Offer Salzgitter Aktiengesellschaft: Potential voluntary public takeover bid to the shareholders of Salzgitter AG 04-Nov-2024 / 19:00 CE...

6 weeks ago - Wallstreet:Online

Salzgitter Cuts Outlook After Swing to Nine-Month Pretax Loss

The German steel company slashed its outlook for the third time this year, adding that it expects to report a pretax loss for 2024 amid sustained economic weakness.

2 months ago - The Wall Street Journal

Salzgitter: 2024 Guidance Adjusted, Paving Way for Future-Proof Positioning

Salzgitter Group faces a challenging 2024, with sales dropping to €7.7 billion and a pre-tax loss of €140 million. The company is strategizing to navigate economic hurdles and restructuring costs. Jet...

2 months ago - Wallstreet:Online

EQS-Adhoc: Salzgitter Aktiengesellschaft: Guidance adjusted for the financial year 2024; non-recurrent items with effect on earnings guidance lay foundation for future-proof positioning

EQS-Ad-hoc: Salzgitter Aktiengesellschaft / Key word(s): Change in Forecast Salzgitter Aktiengesellschaft: Guidance adjusted for the financial year 2024; non-recurrent items with effect on earnings gu...

2 months ago - Wallstreet:Online

EQS-DD: Salzgitter Aktiengesellschaft: Gunnar Groebler, buy

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them 11.09.2024 / 11:30 CET/CEST The issuer is solely responsi...

3 months ago - Wallstreet:Online

Volkswagen Slashes Production At EV Battery Plant, Employees Fear Broader Cost-Saving Plan

Volkswagen AG’s (OTC: VWAGY) PowerCo battery subsidiary is cutting production in what observers say is the latest sign that the 87-year-old car manufacturer is facing weak electric-vehicle sales . Th...

3 months ago - Benzinga

Salzgitter AG Hits Breakeven Pre-Tax Result in H1 2024

Salzgitter AG balanced its books in the first half of 2024, reporting an EBITDA of €233.6 million and a pre-tax profit of €11.5 million. Despite a drop in sales, the Technology Business Unit is set fo...

4 months ago - Wallstreet:Online

EQS-News: Salzgitter AG delivers a pre-tax result at breakeven in the first half of 2024

EQS-News: Salzgitter Aktiengesellschaft / Key word(s): Half Year Results Salzgitter AG delivers a pre-tax result at breakeven in the first half of 2024 12.08.2024 / 07:30 CET/CEST The issuer is solely...

4 months ago - Wallstreet:Online