Salzgitter AG Lowers 2025 Financial Projections Amid Market Challenges

Salzgitter AG has released preliminary figures for the first half of 2025, marking significant decreases in sales and earnings compared to the previous year. The company reported external sales of €4.7 billion, down from €5.2 billion in the first half of 2024. Earnings before interest, taxes, depreciation, and amortization (EBITDA) also fell to €116.8 million from €233.6 million, while earnings before taxes dropped to a negative €83.8 million from a positive €11.5 million.

The company's updated guidance for the full financial year 2025 reflects lowered expectations. Sales are now projected between €9.0 billion and €9.5 billion, reduced from an earlier forecast of €9.5 billion to €10 billion. EBITDA is expected to range from €300 million to €400 million, a significant decrease from prior estimates of €350 million to €550 million. The pre-tax result is anticipated to be between negative €100 million and €0, compared to earlier forecasts which extended to a potential positive €100 million.

The outlook adjustment takes into account ongoing market difficulties and the implementation of profit improvement and restructuring measures. More details will be available in the upcoming full financial report scheduled for release on August 11, 2025.