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MarketScreener Homepage  >  Equities  >  Xetra  >  Salzgitter AG    SZG   DE0006202005

SALZGITTER AG

(SZG)
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Salzgitter : Vattenfall AB - Gunnar Groebler leaves Vattenfall to become CEO of Salzgitter AG

10/19/2020 | 11:19am EST

Senior Vice President and Head of Vattenfall's Business Area Wind, Gunnar Groebler, will leave Vattenfall during the spring of 2021 to become CEO of the German steel and technology company Salzgitter AG.

Gunnar Groebler joined Vattenfall in 1999 and has been essential in making Vattenfall a leading company in renewable energy production.

'After 21 exciting and rewarding years at Vattenfall, I have decided to move on. I'm looking back to a great journey, developing the Vattenfall Wind and Solar business to one of the leaders in this industry and strongly underlining Vattenfall's leading role in the energy transition. I truly enjoyed working with a highly professional and dedicated team', says Gunnar Groebler.

'Gunnar has had a long career in Vattenfall and has played a key role in driving our development and growth within wind and solar. His strong commitment to Vattenfall's strategy and to lead his team to new wins and successes has contributed strongly to what we are as a company today. We wish him all the best in his new position', says Magnus Hall, President and CEO, Vattenfall.

In order to secure a smooth transition and handover, Gunnar Groebler will remain in his current role until latest May 2021. The recruitment process for a successor starts immediately.

Contact:

Tel: +46 (0)8 739 50 10

Email: press@vattenfall.com

(C) 2020 Electronic News Publishing, source ENP Newswire

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Financials
Sales 2020 7 166 M 8 572 M 8 572 M
Net income 2020 -234 M -280 M -280 M
Net Debt 2020 695 M 831 M 831 M
P/E ratio 2020 -4,08x
Yield 2020 0,32%
Capitalization 943 M 1 127 M 1 128 M
EV / Sales 2020 0,23x
EV / Sales 2021 0,21x
Nbr of Employees 24 298
Free-Float 58,4%
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Technical analysis trends SALZGITTER AG
Short TermMid-TermLong Term
TrendsBullishBullishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 14
Average target price 15,39 €
Last Close Price 17,43 €
Spread / Highest target 89,3%
Spread / Average Target -11,7%
Spread / Lowest Target -48,4%
EPS Revisions
Managers
NameTitle
Heinz Jörg Fuhrmann Chairman-Executive Board & Chief Executive Officer
Heinz-Gerhard Wente Chairman-Supervisory Board
Burkhard Becker Chief Financial Officer
Uwe Kruse Chief Information Officer
Hasan Cakir Member-Supervisory Board
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