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Last $3.04 USD
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As of 8:10 PM 03/25/15 All times are local (Market data is delayed by at least 15 minutes).

salzgitter ag-unsp adr (SZGPY) Snapshot

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05/9/14 - $4.54
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01/15/15 - $2.57
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Current Stock Chart for SALZGITTER AG-UNSP ADR (SZGPY)

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salzgitter ag-unsp adr (SZGPY) Details

Salzgitter AG, through its subsidiaries, primarily is engaged in steel and technology businesses worldwide. The company operates in five divisions: Steel, Trading, Tubes, Services, and Technology. The Steel division develops and manufactures hot-rolled coil and cold-rolled coil, electro galvanized, hot dip galvanized, and organic coated steel products; construction plate, fine grained construction plate, alloyed and unalloyed boiler plate, and offshore and tube grades; medium and heavy steel beams, sections, and sheets; sheet piling products, plain bulb plates, and colliery arches; laser welded blanks and lighter car bodies; and corrugated sheets, coffers, sandwiches, and acoustic elements for wall and roof constructions. The Trading division operates a European sales network, as well as trading companies and agencies worldwide. The Tubes division manufactures a range of steel tubes, including seamless tubes, spiral-welded large-diameter pipes, stainless tubes and precision tubes, and medium line pipes. The Services division provides data processing, telecommunications, scrap dealing, bulk cargo handling and storage, transportation, raw materials supplies, information technology facilities management, and research and development services, as well as logistics services and automotive products. The Technology division manufactures and sells machinery and plants for the filling and packaging of beverages; plastics processing machinery; and machinery for shoe, rubber, and silicon industries. This division is also involved in the management and development of commercial real estate properties. Salzgitter AG was founded in 1858 and is headquartered in Salzgitter, Germany.

Founded in 1858

salzgitter ag-unsp adr (SZGPY) Top Compensated Officers

Chairman of Executive Board and Chief Executi...
Total Annual Compensation: €1.5M
Chief Financial Officer and Member of the Exe...
Total Annual Compensation: €755.0K
Chief Personnel Officer and Member of Executi...
Total Annual Compensation: €566.3K
Compensation as of Fiscal Year 2013.

salzgitter ag-unsp adr (SZGPY) Key Developments

Salzgitter AG Reports Earnings Results for the Year 2014; Provides Earnings Guidance for the Year 2015

Salzgitter AG reported earnings results for the year 2014. For the year, the company’s pre-tax loss was EUR 15.2 million against EUR 482.8 million. This figure comprises EUR 31.2 million in profit contribution from the Aurubis investment, as well as a balance of EUR 43.0 million largely from non-recurrent accounting-related effects. Pre-tax result by almost EUR 500 million in the financial year 2014. The after-tax loss stood at EUR 31.9 million against EUR 490.0 million a year ago, which brings basic loss per share to EUR 0.64 against EUR 9.11. For the year, the company expects increase in sales to around EUR 9.5 billion and a pre-tax profit in the lower double-digit million euro range.

Salzgitter AG Presents at UniCredit und Kepler Cheuvreux 14th German Corporate Conference, Jan-21-2015 02:00 PM

Salzgitter AG Presents at UniCredit und Kepler Cheuvreux 14th German Corporate Conference, Jan-21-2015 02:00 PM. Venue: Villa Kennedy, Kennedyallee 70, D-60596 Frankfurt, Germany. Speakers: Heinz Jörg Fuhrmann, Chairman of Executive Board and Chief Executive Officer.

Salzgitter AG Reports Consolidated Earnings Results for the First Nine Months of 2014; Reaffirms Earnings Guidance for the Full Year 2014

Salzgitter AG reported consolidated earnings results for the nine months of 2014. For the period, the company reported that consolidated external sales droped 6 % to EUR 6,811.5 million against EUR 7,279.3 million. Consolidated result improved to post a pre-tax profit of EUR 5.5 million, which represents significant headway compared with EUR 365.6 million a year ago. This amount includes EUR 42.4 million in contribution from the Aurubis investment. The after-tax result stood at EUR 12.2 million against EUR 382.7 million a year ago, which brings basic earnings per share to EUR 0.28 against EUR 7.13 a year ago, and the return on capital employed posted 1.5 % against 10.7 % a year ago. The company provided earnings guidance for the financial year 2014. The company expects sales of around EUR 9 billion. A significant increase in the pre-tax result, approaching breakeven, compared with the financial year 2013 and another moderately positive return on capital employed.


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