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Salzgitter AG Earnings Release 2015

Jul 28, 2015

364_rns_2015-07-28_c6d998c2-d725-4d78-801b-276865579a19.html

Earnings Release

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News Details

Ad-hoc | 28 July 2015 14:31

Salzgitter AG: The Salzgitter Group confirms turnaround in the first half of 2015

Salzgitter AG / Key word(s): Half Year Results

28.07.2015 14:31

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.


In the first half of the financial year 2015, the Salzgitter Group
generated pre-tax profit of EUR 80.2 million (first half of 2014: EUR -4.2
million) on the back of almost unchanged external sales of EUR 4,529.6
million (first half of 2014: EUR 4,549.3 million). This profit contains an
anticipated roughly EUR 15 million positive contribution from the Aurubis
investment (first half of 2014: EUR +39.2 million) as well as a total of
EUR 33.0 million in expenses for streamlining measures.

During the second half of the year, a large blast furnace will be relined
at the Salzgitter steelworks. Due to the resultant negative impact on
earnings, our guidance for the full year remains unchanged for a
consolidated pre-tax result in the lower to mid double-digit million euro
range.

Further details on the financial statements for the first half of the year
will be published as planned on August 13, 2015.

This publication is carried out pursuant to the provisions of the German
Securities Trading Act on ad-hoc disclosure.

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 [email protected]

28.07.2015 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: [email protected]
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 Announcement DGAP News-Service