SALZGITTER AG ir@salzgitter-ag.de
In the first nine months of the financial year 2015, the Salzgitter Group generated external sales of € 6,691.7 million (9 months 2014: € 6,811.5 million) as well as pre-tax profit of € 24.0 million (9 months 2014: € 5.5 million). This result takes into account € 33.1 million in expenses for structure-enhancing measures, as well as the roughly € -12.8 million anticipated contribu- tion from the Aurubis investment (9 months 2014: € +42.4 million). The relining of a large blast furnace at Salzgitter steelworks, which commenced at the end of August, is proceeding as planned, and its accumulated negative impact on the result totals € 44 million.
External sales by business unit (€ million):
Strip Steel | 9M 2015 1,505.6 | (9M 2014) (1,607.9) |
Plate / Section Steel | 719.0 | (845.1) |
Energy | 811.7 | (939.3) |
Trading | 2,530.1 | (2,404.8) |
Technology | 978.1 | (877.2) |
Industrial Participations | 147.1 | (137.2) |
Group | 6,691.7 | (6,811.5) |
Pre-tax result (EBT) by business unit (€ 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)
Primarily as a result of the decline in metal prices and the resulting impact on the expected profit contribution of the Aurubis investment, the Salzgitter Group is returning to its original earnings forecast issued at the start of the year. This forecast anticipates pre-tax profit in the lower double-digit million range.
Further details on the financial statements for the first nine months of the financial year 2015 will be published as planned on November 12, 2015.
This publication is carried out pursuant to the provisions of the German Securities Trading Act on ad-hoc disclosure.
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