Salzgitter AG Reports Significant Turnaround in Q3 Earnings and Sets FY2026 Guidance
Salzgitter AG has reported a strong financial turnaround for the third quarter, moving from a loss to a profit. The company posted an EPS of €3.09 compared to a loss of €0.93 in the previous year, supported by external sales rising 6.8% year-over-year to €7.33 billion. EBITDA saw a substantial increase to €534.9 million from €224 million in the prior year period. Net income after tax reached €177.2 million, a significant recovery from the previous year's loss of €46.5 million. Looking ahead, the company has provided guidance for fiscal year 2026, targeting sales of approximately €10 billion and an EBITDA VX between €800 million and €875 million, signaling confidence in long-term operational stability.
Topics: earnings report financial results guidance profitability