Added to YB: 2025-11-13
Pitch date: 2025-11-11
SZG.DE [neutral]
Salzgitter AG
+40.1%
current return
Author Info
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Company Info
Salzgitter AG, together with its subsidiaries, engages in steel and technology businesses worldwide. It operates through four segments: Steel Production, Steel Processing, Trading, and Technology.
Market Cap
EUR 1.6B
Pitch Price
EUR 29.28
Price Target
N/A
Dividend
N/A
EV/EBITDA
5.12
P/E
-7.91
EV/Sales
0.27
Sector
Metals and Mining
Category
turnaround
Salzgitter (SZG Germany): Leaner operations meet a stubbornly soft market
SZG.DE (quick overview): Q3 EBITDA €107M beat expectations despite soft steel demand. 2025 guidance cut: sales ~€9B, EBITDA €300-350M (vs prior €300-400M). Cost control improving but cheap imports & weak construction weigh on margins. SALCOS decarbonization eating cash with €500M+ invested, returns years away. Cyclical recovery stalled.
Read full article (2 min)