Salzgitter lifts 2026 earnings forecast on HKM acquisition, EU trade defence measures (updated)

Salzgitter AG

17/07/2026 16:58

Adds H1 preliminary results, 2026 sales, details on HKM acquisition
By Anastasiia Kozlova

    July 17 (Reuters) - German steelmaker Salzgitter SZGG.DE on Thursday raised its 2026 profit forecast, citing the positive impact of the HKM acquisition and support from European Union trade defence measures.
The company now expects earnings before interest, taxes, depreciation and amortisation of €725 million to €825 million ($943.72 to $829.33 million) in 2026, compared with its previous forecast of €625 million to €725 million.
Preliminary first-half EBITDA VX rose to €459 million from €117 million a year earlier
Salzgitter now expects 2026 sales of around €10.0 billion, up from its previous forecast of around €9.5 billion
HKM's full consolidation is expected to add a mid-double-digit million-euro contribution to EBITDA VX and EBT VX in 2026, excluding one-off effects
Salzgitter is due to publish its final first-half 2026 results on August 11
Shares in Salzgitter were up 4% by 1522 GMT.
($1 = 0.8742 euros)

 (Reporting by Anastasiia Kozlova, Editing by Louise Heavens)
 ((Anastasiia.Kozlova@thomsonreuters.com))