EANS-Adhoc: SALZGITTER AG - preliminary key data on the sales and result of the financial year 2012

PR Newswire/euro adhoc/
EANS-Adhoc: SALZGITTER AG - preliminary key data on the sales and result of the
financial year 2012
ad-hoc disclosure pursuant to section 15 of the WpHG transmitted by euro adhoc with the aim of a Europe-wide distribution. The issuer is solely responsible for the content of this announcement. 
annual result/preliminary key data 
30.01.2013 
- Improvement in the operating results in the fourth quarter, as expected
- Q4/2012: Earnings before tax (EBT) of around EUR 14 million (Q4/2011: EBT EUR
32.5 million)
- FY 2012: EBT of around EUR -29 million (FY 2011: EUR 201.6 million)
- Reporting date-related special items burden the 2012 accounts 
According to the preliminary key data now available on the financial statements
for the financial year 2012, the Salzgitter Group achieved a significant
improvement in its pre-tax operating result compared with the previous quarter.
Nonetheless, reporting date-related valuation effects in the context of the
annual accounts led to a pre-tax result for the financial year of around EUR -29
million (FY 2011: EUR 201.6 million) that fell marginally short of recent
guidance.  
The result after tax stood at approximately EUR -100 million (FY 2011: EUR 236.0
million). This figure includes non-cash deferred income taxes expenses of EUR 62
million that became necessary under the International Financial Reporting
Standards (IFRS) owing to a revaluation of capitalized tax loss carryforwards.
The amount of the actual loss carryforwards of the Group remains as to their
amount and can be used in subsequent periods. 
Consolidated external sales grew to almost EUR 10.4 billion in the reporting
period (2011: EUR 9.8 billion), thereby outperforming sales guidance. 
The annual financial statements for the financial year 2012 are still subject to
the audit currently being conducted by the external auditor and to adoption by
the Supervisory Board. The final figures and further details will be published,
as planned, on February 27, 2013. 
Further inquiry note:
Markus Heidler
Deputy Head of Investor Relations
+49 (0) 5341/21-6105
heidler.m@salzgitter-ag.de 
issuer:      Salzgitter AG 
         Eisenhüttenstraße 99 
         D-38239 Salzgitter
phone:       +49 (0) 5341-21-3783
mail:        info@salzgitter-ag.de
WWW:         http://www.salzgitter-ag.de
sector:      Iron & Steel
ISIN:        DE0006202005
indexes:     Midcap Market Index, MDAX, CDAX, Classic All Share, Prime All Share
stockmarkets: free trade: Hannover, Berlin, München, Hamburg, Düsseldorf, 
         Stuttgart, regulated dealing/prime standard: Frankfurt 
language:   English 
    
The content and accuracy of news releases published on this site and/or 
distributed by PR Newswire or its partners are the sole responsibility of the 
originating company or organisation. Whilst every effort is made to ensure the 
accuracy of our services, such releases are not actively monitored or reviewed 
by PR Newswire or its partners and under no circumstances shall PR Newswire or 
its partners be liable for any loss or damage resulting from the use of such 
information. All information should be checked prior to publication. 
-0- Jan/30/2013 15:12 GMT
 
 
Press spacebar to pause and continue. Press esc to stop.