Salzgitter, DE0006202005

Salzgitter stock reports a EUR 40 million Q2 loss

Published on 10/03/2026 at 22:21 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Salzgitter stock generated EUR 2.24 billion in Q2 2026 revenue while adjusted earnings per share were negative EUR 0.73. Jefferies kept its EUR 66 target on September 23, 2026.

3D-Architekturrendering einer modernen Stahlwerksanlage in Grautönen — Modernes Architektur-Rendering einer Stahlanlage repräsentiert Salzgitter AG, ISIN DE0006202005, industrielle Visualisierung Anlagenbau Deutschland, Illustration mit AI erstellt.

Salzgitter stock (ISIN DE0006202005) was last at EUR 48.24 on Xetra on October 2, 2026 at 5:35 p.m. CEST, after a 0.92 percent daily gain. The steelmaker's second-quarter figures show why the share remains tied to the next turn in European steel prices.

Q2 revenue reached EUR 2.24 billion

Salzgitter reported EUR 2.24 billion in revenue for Q2 2026 and a EUR 40.0 million net loss, according to finanzen.ch in a report dated September 23, 2026. The same report listed negative earnings per share of EUR 0.75 for the quarter, compared with negative EUR 1.02 in the prior-year quarter, while revenue declined from EUR 2.34 billion.

The comparison is mixed rather than one-sided. Earnings per share improved by EUR 0.27 year over year, but revenue fell by EUR 0.10 billion, leaving steel prices and operating leverage as the key variables for the next results update.

Jefferies keeps EUR 66 target

FinanzNachrichten.de reported on September 23, 2026 that Jefferies maintained a Buy rating and a EUR 66 price target. The analyst house argued that customer destocking was largely complete and that European steel prices could rise after consolidation in September and October.

The target lies 36.8 percent above the EUR 48.24 reference price. Jefferies linked that potential improvement to wider margins despite subdued demand, while also pointing to possible upward revisions to 2027 operating-profit estimates.

Next report is scheduled for November

Salzgitter's investor-relations calendar lists November 12, 2026 for the publication of its nine-month 2026 statement and the related conference call, according to Salzgitter AG. That date gives investors a defined checkpoint for testing whether the earnings recovery visible in the year-on-year EPS comparison can extend beyond the first half.

Salzgitter stock is 28.64 percent below its 52-week high of EUR 67.60 and 160.76 percent above its 52-week low of EUR 18.50, both as of October 2, 2026. Its market capitalization was EUR 2.6 billion, with 126,084 shares traded in the session.