on Salzgitter AG (ETR:SZG)
Salzgitter Group's Positive Performance in H1 2026
The Salzgitter Group reported an upbeat first half of 2026, driven by strong performances from its Steel Production, Trading, and Technology sectors. A significant earnings boost came from its stake in Aurubis and the P28 profit improvement program, contributing an additional €97 million.
Despite geopolitical challenges, such as the Middle East conflict impacting steel activities, the group's net financial position remained stable at €–792 million. External sales slightly declined to €4.6 billion compared to €4.7 billion last year. However, EBITDA soared to €459.0 million from €116.8 million, and pre-tax profit reached €76.3 million, a significant rise from the previous loss.
The outlook remains cautious due to geopolitical uncertainties, but positive stimuli are anticipated from the EU's trade defense measures. With the complete acquisition of Hüttenwerke Krupp Mannesmann, Salzgitter expects increased earnings and financial growth for 2026.
R. H.
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