Based on the preliminary figures now available for the first half of 2025 and the subsidiaries’ updated forecasts, the Executive Board of Salzgitter AG has specified today its guidance for sales and earnings for the financial year 2025.

In the first six months of the current financial year, the Salzgitter Group recorded external sales of € 4.7 billion (H1 2024: € 5.2 billion), earnings before interest, taxes, depreciation and amortization (EBITDA) of € 116.8 million (H1 2024: € 233.6 million) and earnings before taxes of € – 83.8 million (H1 2024: € +11.5 million). The result includes a contribution of € 71.5 million from the participating investment in Aurubis AG accounted for using the (IFRS) equity method (H1 2024: € 70.6 million). Accordingly, the Salzgitter Group reported external sales of € 2.3 billion in the second quarter of 2025 (Q2 2024: € 2.6 billion), EBITDA of € 38.2 million (Q2 2024: € 107.3 million), along with earnings before taxes of € – 56.5 million (Q2 2024: € – 5.7 million). The preliminary earnings figures are below the consensus in analyst estimates as determined by the company.

We do not expect to see any notable market recovery in the second half of the year either. Taking account especially of the effects from the ramp-up of the profit improvement program P28 as well as the current restructuring measures, we now anticipate the following for the Salzgitter Group in the financial year 2025:

• sales of between € 9.0 billion and € 9.5 billion (previously: between € 9.5 billion and € 10.0 billion),
• EBITDA of between € 300 million and € 400 million (previously: between € 350 million and € 550 million),
• a pre-tax result of between € – 100 million and € 0 million (previously: between € – 100 million and € +100 million), and
• a return on capital employed that is slightly higher year on year.

Further details on the financial statements for the first half year of 2025 will be published on August 11, 2025, as scheduled.

 

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