Germany's Salzgitter forecasts modest sales growth for 2026

Salzgitter AG

10/02/2026 12:56

Feb 10 (Reuters) - German steelmaker Salzgitter SZGG.DE said on Tuesday it expected only a modest improvement in the economic environment in 2026, as it forecast an around 500 million euro ($595 million) rise in annual sales.

The group expects sales of around 9.5 billion euros in 2026, after it reported preliminary sales of 9 billion euros for last year, slightly below analysts' expectations of 9.11 billion euros in a company-provided poll.

($1 = 0.8401 euros)

(Reporting by Bernadette Hogg in Gdansk, editing by Milla Nissi-Prussak)

((bernadette.hogg@thomsonreuters.com))