on Salzgitter AG (ETR:SZG)
Salzgitter AG's First Quarter 2026 Figures Exceed Expectations
Salzgitter AG has released its preliminary figures for the first quarter of 2026, surpassing analyst expectations. The group reported external sales of €2.3 billion, unchanged from the first quarter of 2025. However, EBITDA VX soared to €280 million from €79 million, while EBT VX dramatically improved to €179 million, compared to a loss of €27 million in the same period last year.
A significant contribution came from a €147 million equity stake in Aurubis AG, driven by favorable metal price valuations. Additionally, improved results were seen in the Steel Production, Trading, and Technology business units. Despite geopolitical uncertainties, Salzgitter remains cautiously optimistic, forecasting 2026 sales of approximately €9.5 billion and an increased earnings outlook.
The company plans to publish detailed financial statements on May 12, 2026. However, the effects of an exchangeable bond and geopolitical factors remain volatile influences on future guidance.
R. P.
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