Salzgitter AG — Earnings Release 2016

Apr 25, 2016

News Details

Ad-hoc | 25 April 2016 20:13

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.

---

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

---

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

---