Salzgitter AG Reports Improved Financials and Revised 2026 Forecast

Salzgitter AG has announced its preliminary financial results for the first half of 2026, highlighting improved performance across several metrics. The group recorded external sales totaling €4.6 billion, slightly down from €4.7 billion in the same period last year. However, EBITDA increased significantly to €459 million from €117 million, and EBT improved to €258 million from a previous negative result of €-84 million.

The improvements were driven largely by the steel production, trading, and technology business units. Despite prevailing geopolitical uncertainties, Salzgitter AG projects a moderate enhancement in business conditions, boosted by EU trade defense measures. Consequently, the company projects annual sales of approximately €10 billion, up from the previous estimate of €9.5 billion. EBITDA is now forecasted between €725 million and €825 million, and EBT between €325 million and €425 million.

Salzgitter AG also anticipates a significant earnings contribution from the acquisition of Hüttenwerke Krupp Mannesmann GmbH. The full financial report for the first half of 2026 will be released on August 11.