Salzgitter Q3 EBITDA Rises; FY25 Sales, Earnings Forecast Now In Lower Half Of Prior Outlook Range
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Salzgitter (SZGG.DE) reported a Q3 profit of 40.7 million euros, a significant recovery from a loss of 180.3 million euros the previous year. EBITDA rose to 107.2 million euros, while sales fell to 2.20 billion euros. For FY25, the company revised its sales forecast to slightly above 9.0 billion euros and EBITDA expectations to between 300 million and 350 million euros, indicating a pre-tax loss between 100 million and 50 million euros.
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