Last €30.50 EUR
Change Today -0.053 / -0.17%
Volume 270.5K
SZG On Other Exchanges
As of 2:50 PM 09/19/14 All times are local (Market data is delayed by at least 15 minutes).

salzgitter ag (SZG) Snapshot

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52 Week High
11/7/13 - €34.28
52 Week Low
08/6/14 - €25.27
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salzgitter ag (SZG) Details

Salzgitter AG, through its subsidiaries, primarily is engaged in steel and technology businesses worldwide. The company operates in five divisions: Steel, Trading, Tubes, Services, and Technology. The Steel division develops and manufactures hot-rolled coil and cold-rolled coil, electro galvanized, hot dip galvanized, and organic coated steel products; construction plate, fine grained construction plate, alloyed and unalloyed boiler plate, and offshore and tube grades; medium and heavy steel beams, sections, and sheets; sheet piling products, plain bulb plates, and colliery arches; laser welded blanks and lighter car bodies; and corrugated sheets, coffers, sandwiches, and acoustic elements for wall and roof constructions. The Trading division operates a European sales network, as well as trading companies and agencies worldwide. The Tubes division manufactures a range of steel tubes, including seamless tubes, spiral-welded large-diameter pipes, stainless tubes and precision tubes, and medium line pipes. The Services division provides data processing, telecommunications, scrap dealing, bulk cargo handling and storage, transportation, raw materials supplies, information technology facilities management, and research and development services, as well as logistics services and automotive products. The Technology division manufactures and sells machinery and plants for the filling and packaging of beverages; plastics processing machinery; and machinery for shoe, rubber, and silicon industries. This division is also involved in the management and development of commercial real estate properties. Salzgitter AG was founded in 1858 and is headquartered in Salzgitter, Germany.

23,357 Employees
Last Reported Date: 08/13/14
Founded in 1858

salzgitter ag (SZG) Top Compensated Officers

Chairman of Executive Board, Chief Executive ...
Total Annual Compensation: €1.5M
Chief Financial Officer, Member of The Execut...
Total Annual Compensation: €755.0K
Chief Personnel Officer, Member of Executive ...
Total Annual Compensation: €566.3K
Member of Executive Board and Business Unit M...
Total Annual Compensation: €786.0K
Member of The Executive Board and Business Un...
Total Annual Compensation: €786.0K
Compensation as of Fiscal Year 2013.

salzgitter ag (SZG) Key Developments

Salzgitter AG Announces Consolidated Earnings Results for the First Half of 2014; Reaffirms Earnings Guidance for the Year 2014

Salzgitter AG announced consolidated earnings results for the first half of 2014. For the period, consolidated external sales decreased by 9% to EUR 4,549.3 million compared to EUR 4,973.0 million a year ago. The pre-tax loss stood at EUR 4.2 million compared to EUR 300.8 million a year ago. The consolidated after-tax loss was at EUR 15.9 million compared to EUR 315.7 million a year ago, which brings loss per share to EUR 0.33 compared to EUR 5.87 a year ago and delivers a positive return on capital employed of 1.1% again compared to negative return on capital employed of 13.2% a year ago. The effects of the 'Salzgitter AG 2015' restructuring program in line with planning across all business units was the main contributing factor, along with the gratifying contribution from the Aurubis investment. The company reaffirmed the earnings guidance for the year 2014. It anticipates sales of almost EUR 10 billion, a significant increase in the pre-tax result, approaching breakeven, compared with the financial year 2013 and another moderately positive return on capital employed.

Salzgitter AG(XTRA:SZG) dropped from S&P EUROPE 350

Salzgitter AG(XTRA:SZG) dropped from S&P EUROPE 350

Salzgitter AG(XTRA:SZG) dropped from S&P EUROPE 350 - Materials (Industry Group)

Salzgitter AG(XTRA:SZG) dropped from S&P EUROPE 350 - Materials (Industry Group)


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