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
- 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
- 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
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:
Deputy Head of Investor Relations
+49 (0) 5341/21-6105
issuer: Salzgitter AG
phone: +49 (0) 5341-21-3783
sector: Iron & Steel
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
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-0- Jan/30/2013 15:12 GMT
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