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SZG — Salzgitter AG News Story

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Brief: Salzgitter CEO On Call - Due To Low Rhine Water Level We Are Transporting Coal Via Train From Rotterdam To HKM

BRIEF-Salzgitter CEO On Call - Due To Low Rhine Water Level We Are Transporting Coal Via Train From Rotterdam To HKM

- SALZGITTER AG SZGG.DE:

  • CFO ON CALL - ESTIMATES MID-SIZED DOUBLE-DIGIT MILLION EUROS ADDITION TO PROFIT FROM HKM ACQUISITION

  • CFO ON CALL - NET ADDITIONAL CASH IMPACT FROM HKM ACQUISITION AROUND EUR 100 MILLION OVER NEXT THREE YEARS

  • CEO ON CALL - SO FAR NOT IMPACTED BY LOW RHINE WATER LEVEL

  • CFO ON CALL - IF RHINE WATER LEVELS FURTHER DROP, THEN YOU MIGHT SEE SHORTAGES, THIS MIGHT HAVE IMPACT ON PRICES

  • CEO ON CALL - DUE TO LOW RHINE WATER LEVEL WE ARE TRANSPORTING COAL VIA TRAIN FROM ROTTERDAM TO HKM

Further company coverage: SZGG.DE


(Gdansk Newsroom)

((Reuters Messaging: Gdansk.newsroom@thomsonreuters.com ; +48 58 7696600))

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