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Salzgitter Aktiengesellschaft, DE0006202005

Salzgitter Aktiengesellschaft, DE0006202005

07.09.2021 - 11:11:56

Salzgitter Aktiengesellschaft: Expectations for the best pre-tax result in a decade: Salzgitter Group raises its profit guidance again for the financial year 2021

Following the strong first half year, the Salzgitter Group's good performance continued in the summer quarter as well. The sustained upbeat development in prices and demand is especially reflected in the excellent results of the Strip Steel and Trading business units. Furthermore, the margin situation in the section steel product segment improved, enabling the Plate / Section Steel Business Unit to achieve better results than formerly anticipated. Consequently, and provided that the market continues its stable development through to the end of the year despite the latent coronavirus crisis, we are raising our profit guidance again for the financial year 2021 and now assume a pre-tax profit of between ? 600 million and ? 700 million for the Salzgitter Group (previously: between ? 400 million and ? 600 million).

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Contact: Markus Heidler Head of Investor Relations Salzgitter AG Eisenh?ttenstra?e 99 38239 Salzgitter Phone +49 5341 21-6105 Fax +49 5341 21-2570 E-Mail ir@salzgitter-ag.de

07-Sep-2021 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de

Language: English Company: Salzgitter Aktiengesellschaft Eisenh?ttenstra?e 99 38239 Salzgitter

Germany Phone: +49 5341 21-01 Fax: +49 5341 21-2727 E-mail: info@salzgitter-ag.de Internet: www.salzgitter-ag.de ISIN: DE0006202005 WKN: 620200 Indices: SDAX Listed: Regulated Market in Frankfurt (Prime Standard), Hanover; Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange EQS News ID: 1231705 ? End of Announcement DGAP News Service

1231705??07-Sep-2021?CET/CEST

@ dgap.de