Salzgitter

Salzgitter has raised its full-year EBITDA forecast to €800–875 million (previously €725–825m) and subsequently saw its shares jump by around ten percent. Drivers are the higher copper price and Aurubis’ pro rata EBITDA contribution of about €252 million in the first nine months, as well as the consolidation of the acquired steelworks HKM, which adds a mid‑double‑digit million amount to EBITDA. The company still expects revenue of roughly €10 billion. Detailed figures for the first three quarters will be published on 12 November. » More on faz.net

Salzgitter shares rose 7.8% to €47.18 and led the MDAX; they tested the 21-day line and could break upward out of a downtrend running since September. JPMorgan expects Q3 EBITDA of about €200 million, roughly 30% above consensus, and sees a profit contribution from Aurubis of about €59 million. » More on finanzen.net

Salzgitter has raised its 2026 EBITDA forecast to €800–875 million (previously €725–825m). Drivers are a markedly higher contribution from its stake in Aurubis and the consolidation of fully acquired HKM; underlying operating profit beat the analyst consensus by around 30 percent. Revenue for the first nine months rose to €7.3 billion and EBITDA to €659 million; the group is targeting about €10 billion in revenue for 2026. The share price reacted with a gain of roughly nine percent. » More on finanzen.net

Salzgitter has significantly upgraded its 2026 forecasts and now expects EBITDA VX of €800–875 million (previously €725–825 million) and EBT VX of €400–475 million (previously €325–425 million). Revenue is still expected to be around €10 billion. In the first nine months, external sales rose to €7.3 billion, EBITDA VX to €659 million and EBT VX to €353 million; €252 million of this was attributable to the stake in Aurubis. The share fell in after-hours trading at one point by about 3.4% to €45.54. » More on finanzen.net

Lower Saxony's prime minister Olaf Lies is calling for CO2 savings from the use of green steel to be taken into account in European automakers' fleet emissions limits, in order to increase demand for climate-friendly produced steel. Germany and France have already submitted proposals to adjust the emissions targets through 2035; green steel would then be positively credited to manufacturers' fleets. Salzgitter is pushing the transition to direct reduction plants and electric arc furnaces with its Salcos programme, and according to the company the first direct reduction plant is due to start operations next year. » More on finanzen.net