Salzgitter AG reported a robust start to 2026, with earnings per share (EPS) of €1.49, significantly exceeding the forecast of €0.6436 by 131.51%.
Revenue met expectations at €2.35 billion. The strong performance initially pushed the stock up 8.66% to €55.5, before a later decline of 3.58% to €57.03, reflecting mixed market reaction.
Adjusted EBITDA reached €280 million, driven by improvements across all business units. The steel production segment benefited from favorable input prices and a 7% increase in order intake.
CEO Gunnar Groebler stated: 'Our Q1 results reflect our strategic focus on operational efficiency. We are well-prepared to navigate the challenges ahead.'
CFO Burkhard Becker added: 'The improvement in our net financial position underscores our commitment to financial discipline.'
Salzgitter AG maintained its sales guidance of approximately €9.5 billion for 2026. EBITDA guidance was revised upward to a range of €625-725 million.
