DGAP-Ad-hoc: Salzgitter Aktiengesellschaft / Key word(s): Change in Forecast Salzgitter Aktiengesellschaft: The Salzgitter Group raises its earnings forecast for the financial year 2021; positive business development further reinforced 15-Jun-2021 / 15:21 CET/CEST Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. =---------------------------------------------------------------------------------------------------------------------- After an encouraging start to the year, accompanied by a dynamic increase in rolled steel prices, the European steel market continued its uptrend in the months that followed. Given the better-than-recently-expected earnings situation, above all in the Trading Business Unit, we are raising our earnings forecast for the financial year 2021 once more - conditionally on the assumption of a stable market development in spite of the latent coronavirus crisis. We now anticipate a pre-tax profit of between EUR 400 million and EUR 600 million (previously: between EUR 300 million and EUR 400 million) for the Salzgitter Group. 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 =---------------------------------------------------------------------------------------------------------------------- 15-Jun-2021 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de =---------------------------------------------------------------------------------------------------------------------- Language: English Company: Salzgitter Aktiengesellschaft 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 Indices: SDAX Listed: Regulated Market in Frankfurt (Prime Standard), Hanover; Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange EQS News ID: 1208232 End of Announcement DGAP News Service =------------
1208232 15-Jun-2021 CET/CEST
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(END) Dow Jones Newswires
June 15, 2021 09:22 ET (13:22 GMT)