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Salzgitter AG

SZGG.DE

Latest Trade

17.75EUR

Change

-0.07(-0.39%)

Volume

324,577

Today's Range

17.38

 - 

17.98

52 Week Range

14.46

 - 

44.00

As of on the XETRA ∙ Minimum 15 minute delay

Pricing

Previous Close
17.82
Open
17.98
Volume
324,577
3M AVG Volume
7.22
Today's High
17.98
Today's Low
17.38
52 Week High
44.00
52 Week Low
14.46
Shares Out (MIL)
54.09
Market Cap (MIL)
1,070.93
Forward P/E
7.95
Dividend (Yield %)
3.09

Next Event

Salzgitter AG at Baader Helvea Conference

Latest Developments

More

Salzgitter: We Are Definitely Not In Merger Talks with Thyssenkrupp

Salzgitter H1 After-Tax Result Down At 96.4 Million Euros

Salzgitter Update On CO2 Allowances

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About Salzgitter AG

Salzgitter AG is a Germany-based producer of steel and steel products. The Company operates through five segments: The Strip Steel segment is composed of the operating companies Salzgitter Flachstahl GmbH, Salzgitter Bauelemente GmbH, Salzgitter Europlatinen GmbH and Salzgitter Mannesmann Stahlservice GmbH and produces strip steel in a wide variety of metallurgic compositions and dimensions. The Plate/Section Steel segment includes Ilsenburger Grobblech GmbH, Salzgitter Mannesmann Grobblech, Peiner Traeger GmbH and HSP Hoesch Spundwand und Profil GmbH and provides various pig iron, steel and steel products. The Mannesmann segment provides steel tubes and pipes and operates through Mannesmannroehren-Werke GmbH. The Trading segment is engaged in trading steel products through Salzgitter Mannesmann Handel GmbH and Universal Eisen und Stahl GmbH. The Technology segment provides products and services for manufacturers of machinery and plants for the filling and packaging of beverages.

Industry

Iron & Steel

Contact Info

Eisenhuettenstrasse 99

+49.5341.2101

https://www.salzgitter-ag.com/de/

Executive Leadership

Heinz-Gerhard Wente

Independent Chairman of the Supervisory Board

Heinz Joerg Fuhrmann

Chairman of the Executive Board, Chief Executive Officer

Hans-Juergen Urban

Vice Chairman of the Supervisory Board

Burkhard Becker

Member of the Executive Board, Chief Financial Officer

Ulrich Grethe

Member of the Group Management Board - Strip Steel Business Unit

Key Stats

3.21 mean rating - 19 analysts
Sell
Hold
Buy
Revenue (MM, EUR)

2016

7.9K

2017

9.0K

2018

9.3K

2019(E)

9.1K
EPS (EUR)

2016

0.990

2017

3.350

2018

4.800

2019(E)

2.203
Price To Earnings (TTM)
4.26
Price To Sales (TTM)
0.12
Price To Book (MRQ)
0.30
Price To Cash Flow (TTM)
1.70
Total Debt To Equity (MRQ)
40.31
LT Debt To Equity (MRQ)
25.03
Return on Investment (TTM)
3.57
Return on Equity (TTM)
2.69

Latest News

VW to intensify talks with Northvolt on battery project: Boersen-Zeitung

Volkswagen is intensifying talks with Swedish startup Northvolt on plans to jointly build up battery cell production in Salzgitter, near its headquarters in Lower Saxony, one of its board members told a German newspaper.

Salzgitter CEO eyes Thyssenkrupp-Tata Steel JV remedies: CEO

Salzgitter's chief executive will look at any assets that Thyssenkrupp and India's Tata Steel could divest as part of anti-trust remedies being offered to help their planned joint venture deal, he said on Monday.

UPDATE 1-Salzgitter shares hit 2-1/2 year low on weak 2019 outlook

* Shares hit lowest level since July 2016 (Recasts, adds shares, details)

UPDATE 1-VW to manufacture mobile electric car recharging stations

* Mobile charging stations to be built in Hannover (Recasts with new information about mobile charging stations)

UPDATE 1-Salzgitter sees import pressure after U.S. tariffs, shares fall

* Shares indicated 3.1 pct lower in pre-market trade (Recasts, adds shares, context)

Salzgitter bids for Arcelor's Belgian divestments

Germany's Salzgitter said it has bid for steel and tin production facilities in Dudenlange, Luxembourg and Liege, Belgium currently being divested by ArcelorMittal.

BRIEF-Salzgitter Hikes Annual Dividend By 50 Pct

* PROPOSES DIVIDEND HIKE BY 50 PERCENT TO 0.45 EURPER SHARE FOR 2017

UPDATE 1-Salzgitter builds new line for automotive steel

* Salzgitter wants to focus on premium products (Adds industry context, analyst quote)

Salzgitter builds new line to strengthen position in automotive

German steelmaker Salzgitter will build a third hot-dip galvanising line to strengthen its position in premium steel for the automotive industry, it said on Friday.

German cartel office deepens steel investigation, searches firms

Germany's competition regulator said on Monday it has widened an investigation into a suspected violation of antitrust laws in the steel industry, with ArcelorMittal and Salzgitter confirming searches at some of their units.

Germany's Salzgitter has no plans to close U.S. factories: CEO in Die Welt

German steelmaker Salzgitter is not planning to close factories in the United States, where it is suffering from import duties that were slapped on some of its products, the group's chief executive told a German newspaper.

Volkswagen to supply Russia's GAZ with engines

Volkswagen <VOWG_p.DE> has signed a deal to supply engines to GAZ group, securing jobs at its Salzgitter engine plant and adding to further projects in Russia announced on Thursday.

Salzgitter won't suffer much from new U.S. tolls: CEO in WiWo

Any new U.S. tariffs on steel imports will not leave a "trail of blood" in the financial results of German steelmaker Salzgitter, its chief executive told German business weekly WirtschaftsWoche in comments published on Thursday.

Salzgitter CEO sees further rise in 2017 profit -BZ

German steelmaker Salzgitter sees a further rise in profit this year as steel prices rise and restructuring measures continue to bear fruit, its chief executive told German markets daily Boersen-Zeitung in an interview.

German steelmaker Salzgitter says 9-month profit below consensus

German steelmaker Salzgitter said on Thursday its nine-month pretax profit was at the bottom end of analysts' forecast range, with the summer quarter hampered by maintenance and repair work and a seasonal decline in demand.

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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