Declared Dividend • May 20
Dividend of €0.20 announced Shareholders will receive a dividend of €0.20. Ex-date: 4th June 2026 Payment date: 9th June 2026 Dividend yield will be 0.4%, which is lower than the industry average of 4.8%. Duyuru • Apr 24
Salzgitter AG, Annual General Meeting, Jun 03, 2026 Salzgitter AG, Annual General Meeting, Jun 03, 2026, at 10:00 W. Europe Standard Time. Duyuru • Feb 11
Salzgitter AG (XTRA:SZG) agreed to acquire Thyrolf & Uhle GmbH. Salzgitter AG (XTRA:SZG) agreed to acquire Thyrolf & Uhle GmbH on February 11, 2026.
The transaction is subject to the fulfillment of the agreed closing conditions, in particular official approvals. Duyuru • Nov 05
Salzgitter AG to Report Q3, 2025 Results on Nov 10, 2025 Salzgitter AG announced that they will report Q3, 2025 results on Nov 10, 2025 Duyuru • Oct 02
Salzgitter AG to Report Fiscal Year 2025 Results on Mar 23, 2026 Salzgitter AG announced that they will report fiscal year 2025 results on Mar 23, 2026 Duyuru • Aug 01
Name & Mawi Partners agreed to acquire Desma Schuhmaschinen GmbH from Salzgitter AG (XTRA:SZG). Name & Mawi Partners agreed to acquire Desma Schuhmaschinen GmbH from Salzgitter AG (XTRA:SZG) on July 30, 2025.
The transaction is expected to be completed in the autumn of 2025. Duyuru • Jul 10
Salzgitter Aktiengesellschaft Receives Material Approval for Secure 500 Protection Steel The Salzgitter Group, together with its subsidiary, Ilsenburger Grobblech GmbH, has received approval from the German Military Technical Center 91 (WTD 91) in accordance with TL (Technical Delivery Conditions) 2350-0000. This officially approved steel grade SECURE 500®? in thicknesses from 6 to 16 mm for military use, for example, in vehicles or protective systems. During intensive testing, weldability and behavior under fire and blast were evaluated, among other aspects. The approval confirms the high quality and reliability of the steel and underlines Salzgitter AG's expertise as a partner for demanding defense applications. Duyuru • May 22
Salzgitter AG to Report First Half, 2025 Results on Aug 11, 2025 Salzgitter AG announced that they will report first half, 2025 results on Aug 11, 2025 Duyuru • May 13
Salzgitter AG Reaffirms Financial Guidance for the Financial Year 2025 Salzgitter AG reaffirmed financial guidance for the financial year 2025. The company reaffirmed the guidance from March and continue to anticipate sales of between EUR 9.5 billion and EUR 10.0 billion. Duyuru • May 06
Salzgitter AG to Report Q1, 2025 Results on May 12, 2025 Salzgitter AG announced that they will report Q1, 2025 results on May 12, 2025 Duyuru • Apr 11
Salzgitter AG, Annual General Meeting, May 22, 2025 Salzgitter AG, Annual General Meeting, May 22, 2025, at 10:00 W. Europe Standard Time. Duyuru • Mar 23
Salzgitter AG Proposes Dividend Salzgitter AG proposed dividend. The Executive Board and Supervisory Board will put forward a proposal to the Annual General Meeting of Shareholders on May 22, 2025 to distribute dividend of €0.20 per share. Duyuru • Jan 24
Gp Günter Papenburg Aktiengesellschaft and TSR Recycling GmbH & Co. KG submitted a non-binding offer to acquire remaining stake in Salzgitter AG (XTRA:SZG) from Lower Saxony (State of) and other shareholders for approximately €730 million. Gp Günter Papenburg Aktiengesellschaft and TSR Recycling GmbH & Co. KG submitted a non-binding offer to acquire remaining stake in Salzgitter AG (XTRA:SZG) from Lower Saxony (State of) and other shareholders for approximately €730 million on January 22, 2025. A cash consideration valued at €18.5 per share will be paid by Gp Günter Papenburg Aktiengesellschaft and TSR Recycling GmbH & Co. KG. The Company is in the process of examining the non-binding offer, including the price indicated. The outcome of the assessment and discussion with the Consortium is open. Duyuru • Nov 07
Gp Günter Papenburg & TSR Recycling Considers Possible Takeover Bid for Salzgitter AG Salzgitter AG (XTRA:SZG) said on November 4, 2024 that Gp Günter Papenburg Aktiengesellschaft and TSR Recycling GmbH & Co. KG (Italy) is exploring a possible takeover bid. GP Guenter would submit an offer if the consortium secures at least 45% plus one share of Salzgitter’s stock, according to the statement. The range of a possible offer price has not been unveiled. Duyuru • Oct 01
Salzgitter AG to Report Fiscal Year 2024 Results on Mar 21, 2025 Salzgitter AG announced that they will report fiscal year 2024 results on Mar 21, 2025 Reported Earnings • Aug 13
Second quarter 2024 earnings released: €0.64 loss per share (vs €0.34 profit in 2Q 2023) Second quarter 2024 results: €0.64 loss per share (down from €0.34 profit in 2Q 2023). Revenue: €2.57b (down 10% from 2Q 2023). Net loss: €34.8m (down 291% from profit in 2Q 2023). Revenue is forecast to stay flat during the next 3 years compared to a 1.8% growth forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has remained flat, which means it is well ahead of earnings. Upcoming Dividend • May 23
Upcoming dividend of €0.45 per share Eligible shareholders must have bought the stock before 30 May 2024. Payment date: 03 June 2024. Payout ratio is a comfortable 33% but the company is not cash flow positive. Trailing yield: 2.0%. Lower than top quartile of Swiss dividend payers (4.1%). Lower than average of industry peers (3.6%). Reported Earnings • May 13
First quarter 2024 earnings released: EPS: €0.24 (vs €2.57 in 1Q 2023) First quarter 2024 results: EPS: €0.24 (down from €2.57 in 1Q 2023). Revenue: €2.81b (down 5.9% from 1Q 2023). Net income: €12.9m (down 91% from 1Q 2023). Profit margin: 0.5% (down from 4.7% in 1Q 2023). Revenue is forecast to stay flat during the next 3 years compared to a 1.7% growth forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has remained flat. Reported Earnings • Mar 17
Full year 2023 earnings released: EPS: €3.70 (vs €20.00 in FY 2022) Full year 2023 results: EPS: €3.70 (down from €20.00 in FY 2022). Revenue: €11.5b (down 8.7% from FY 2022). Net income: €200.1m (down 82% from FY 2022). Profit margin: 1.7% (down from 8.6% in FY 2022). The decrease in margin was driven by lower revenue. Revenue is expected to decline by 5.4% p.a. on average during the next 2 years, while revenues in the Metals and Mining industry in Europe are expected to grow by 1.1%. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Duyuru • Mar 15
Salzgitter AG to Report Q2, 2024 Results on Aug 12, 2024 Salzgitter AG announced that they will report Q2, 2024 results on Aug 12, 2024 Reported Earnings • Nov 14
Third quarter 2023 earnings released: EPS: €0.02 (vs €3.01 in 3Q 2022) Third quarter 2023 results: EPS: €0.02 (down from €3.01 in 3Q 2022). Revenue: €2.70b (down 14% from 3Q 2022). Net income: €1.10m (down 99% from 3Q 2022). Profit margin: 0% (down from 5.2% in 3Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to decline by 4.7% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 63% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Duyuru • Nov 14
Salzgitter AG, Annual General Meeting, May 29, 2024 Salzgitter AG, Annual General Meeting, May 29, 2024. New Risk • Sep 19
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 23% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 23% per year for the foreseeable future. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (4.2% net profit margin). Duyuru • Sep 01
Salzgitter AG Suspends Earnings Guidance for the 2023 Financial Year Aurubis AG announced that its existing guidance range for the current 2022/23 financial year cannot be maintained; revised definitive guidance was not issued. On the basis of the total number of shares in issue, Salzgitter AG holds a 29.99% interest in Aurubis AG. As this interest is included at equity, the earnings trend of the participartipation in Aurubis AG has a direct bearing on the Salzgitter Group's result for the year and forms a fixed part of the Group's results planning. For this reason, the Executive Board of Salzgitter AG is also suspending its results guidance for the current financial year for the time being and will adjust it accordingly once Aurubis AG has updated its guidance. New Risk • Aug 13
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 4.3% Last year net profit margin: 9.5% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 25% per year for the foreseeable future. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (4.3% net profit margin). Reported Earnings • Aug 13
Second quarter 2023 earnings released: EPS: €0.92 (vs €7.59 in 2Q 2022) Second quarter 2023 results: EPS: €0.92 (down from €7.59 in 2Q 2022). Revenue: €3.00b (down 8.7% from 2Q 2022). Net income: €49.8m (down 88% from 2Q 2022). Profit margin: 1.7% (down from 13% in 2Q 2022). The decrease in margin was primarily driven by lower revenue. Revenue is forecast to decline by 5.7% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 86% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. New Risk • Jul 07
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 45% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 45% per year for the foreseeable future. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Upcoming Dividend • May 19
Upcoming dividend of €1.00 per share at 2.9% yield Eligible shareholders must have bought the stock before 26 May 2023. Payment date: 30 May 2023. Payout ratio is a comfortable 6.3% and this is well supported by cash flows. Trailing yield: 2.9%. Lower than top quartile of Swiss dividend payers (4.3%). Lower than average of industry peers (8.9%). Reported Earnings • May 10
First quarter 2023 earnings released: EPS: €2.57 (vs €6.80 in 1Q 2022) First quarter 2023 results: EPS: €2.57 (down from €6.80 in 1Q 2022). Revenue: €3.17b (down 5.4% from 1Q 2022). Net income: €139.1m (down 62% from 1Q 2022). Profit margin: 4.4% (down from 11% in 1Q 2022). The decrease in margin was primarily driven by lower revenue. Revenue is forecast to decline by 4.8% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 102% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Reported Earnings • Mar 28
Full year 2022 earnings released: EPS: €20.00 (vs €10.74 in FY 2021) Full year 2022 results: EPS: €20.00 (up from €10.74 in FY 2021). Revenue: €13.5b (up 39% from FY 2021). Net income: €1.08b (up 86% from FY 2021). Profit margin: 8.0% (up from 5.9% in FY 2021). The increase in margin was driven by higher revenue. Revenue is expected to fall by 13% p.a. on average during the next 3 years compared to a 1.3% decline forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has increased by 110% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Reported Earnings • Nov 16
Third quarter 2022 earnings released: EPS: €3.01 (vs €4.35 in 3Q 2021) Third quarter 2022 results: EPS: €3.01 (down from €4.35 in 3Q 2021). Revenue: €3.13b (up 22% from 3Q 2021). Net income: €163.1m (down 31% from 3Q 2021). Profit margin: 5.2% (down from 9.2% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is expected to fall by 17% p.a. on average during the next 3 years compared to a 3.3% decline forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has increased by 107% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Duyuru • Oct 08
Salzgitter AG to Report Fiscal Year 2022 Results on Mar 27, 2023 Salzgitter AG announced that they will report fiscal year 2022 results on Mar 27, 2023 Reported Earnings • Aug 12
Second quarter 2022 earnings released: EPS: €7.59 (vs €2.82 in 2Q 2021) Second quarter 2022 results: EPS: €7.59 (up from €2.82 in 2Q 2021). Revenue: €3.64b (up 55% from 2Q 2021). Net income: €410.5m (up 169% from 2Q 2021). Profit margin: 11% (up from 6.5% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is expected to shrink by 11% compared to a 20% growth forecast for the industry in Switzerland. Over the last 3 years on average, earnings per share has increased by 88% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Upcoming Dividend • May 27
Upcoming dividend of €0.75 per share Eligible shareholders must have bought the stock before 03 June 2022. Payment date: 08 June 2022. Trailing yield: 2.0%. Lower than top quartile of Swiss dividend payers (3.9%). Lower than average of industry peers (7.5%). Reported Earnings • May 13
First quarter 2022 earnings released: EPS: €6.80 (vs €1.38 in 1Q 2021) First quarter 2022 results: EPS: €6.80 (up from €1.38 in 1Q 2021). Revenue: €3.51b (up 68% from 1Q 2021). Net income: €367.6m (up 391% from 1Q 2021). Profit margin: 11% (up from 3.6% in 1Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 3.5%, compared to a 39% growth forecast for the industry in Switzerland. Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Reported Earnings • Nov 13
Third quarter 2021 earnings released: EPS €4.36 (vs €1.84 loss in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: €2.65b (up 63% from 3Q 2020). Net income: €235.5m (up €334.8m from 3Q 2020). Profit margin: 8.9% (up from net loss in 3Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings. Reported Earnings • Aug 12
Second quarter 2021 earnings released: EPS €2.82 (vs €1.88 loss in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: €2.40b (up 52% from 2Q 2020). Net income: €152.4m (up €253.9m from 2Q 2020). Profit margin: 6.3% (up from net loss in 2Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 63 percentage points per year, which is a significant difference in performance. Reported Earnings • May 13
First quarter 2021 earnings released: EPS €1.38 (vs €0.82 loss in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: €2.21b (up 7.7% from 1Q 2020). Net income: €74.9m (up €119.6m from 1Q 2020). Profit margin: 3.4% (up from net loss in 1Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 75 percentage points per year, which is a significant difference in performance. Reported Earnings • Mar 16
Full year 2020 earnings released: €5.13 loss per share (vs €4.46 loss in FY 2019) The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2020 results: Revenue: €7.44b (down 13% from FY 2019). Net loss: €277.3m (loss widened 15% from FY 2019). Over the last 3 years on average, earnings per share has fallen by 97% per year but the company’s share price has only fallen by 17% per year, which means it has not declined as severely as earnings. Reported Earnings • Nov 14
Third quarter 2020 earnings released: €1.84 loss per share The company reported a soft third quarter result with weaker revenues and control over expenses, though losses reduced. Third quarter 2020 results: Revenue: €1.63b (down 23% from 3Q 2019). Net loss: €99.3m (loss narrowed 22% from 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 92% per year but the company’s share price has only fallen by 17% per year, which means it has not declined as severely as earnings. Analyst Estimate Surprise Post Earnings • Nov 14
Revenue misses expectations Revenue missed analyst estimates by 1.4%. Over the next year, revenue is forecast to grow 9.3%, compared to a 714% growth forecast for the Metals and Mining industry in Switzerland.