Salzgitter Group's Strong Earnings in 2026's First Nine Months

In the first nine months of 2026, Salzgitter Group reported a significant boost in earnings across all business units. This surge was primarily influenced by their substantial investment in Aurubis and the integration of Hüttenwerke Krupp Mannesmann (HKM) into their operations. The P28 profit improvement initiative exceeded its annual target, creating sustainable benefits of €146 million, against the full-year target of €122 million.

The challenging economic landscape and lack of growth in Germany and Europe contrasted with more favorable trade defense measures for Europe's steel industry. Salzgitter's sales increased to €7.3 billion, compared to €6.9 billion in the same period in 2025, driven by higher pricing and HKM's full consolidation. The Group's EBITDA rose to €534.9 million, with after-tax profits climbing to €177.2 million, translating to earnings per share of €3.09.

Salzgitter's 2026 outlook anticipates sales reaching approximately €10 billion, with EBITDA between €800 million and €875 million. CEO Gunnar Groebler emphasized the improved operational performance and strategic benefits from HKM's acquisition, albeit mentioning remaining challenges from energy prices and economic growth.