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DGAP-Adhoc: Salzgitter AG: Impact of the corona pandemic: Reliable assessment of the business develop-ment currently not possible

eqs_en 
0 0 24.03.20
DGAP-Adhoc: Salzgitter AG: Impact of the corona pandemic: Reliable assessment of the business develop-ment currently not possible: http://s3-eu-west-1.amazonaws.com/sharewise-dev/attachment/file/23737/Salzgitter_AG_Logo.svg.png
 

DGAP-Ad-hoc: Salzgitter AG / Key word(s): Change in Forecast
Salzgitter AG: Impact of the corona pandemic: Reliable assessment of the business develop-ment currently not possible

24-March-2020 / 12:45 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The coronavirus and its immediate impacts have engulfed business and society. The development of the environment relevant for the business performance of Salzgitter Group can therefore currently not be reliably assessed. At this moment we can neither maintain the forecast report of Salzgitter AG, which was published on March 16, 2020, nor provide an adequately robust new forecast for the financial year 2020.

We give top priotrity to the health and safety of our employees. At the same time we are committed to maintaining the business operations of our subsidiaries and shareholdings to the greatest extent possible in order to remain a reliable partner for our customers also in these difficult times. In order to achieve this, we are utilizing all available instruments with a view to minimizing the economic impact of the corona pandemic.

 

Contact:
Markus Heidler

Head of Investor Relations

Salzgitter AG
Eisenhüttenstraße 99
38239 Salzgitter

Phone +49 5341 21-6105
Fax +49 5341 21-2570
E-Mail [email protected]

24-March-2020 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de
Language: English
Company: Salzgitter AG
Eisenhüttenstraße 99
38239 Salzgitter
Germany
Phone: +49 5341 21-01
Fax: +49 5341 21-2727
E-mail: [email protected]
Internet: www.salzgitter-ag.de
ISIN: DE0006202005
WKN: 620200
Indices: SDAX
Listed: Regulated Market in Frankfurt (Prime Standard), Hanover; Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 1005209

 
End of Announcement DGAP News Service

1005209  24-March-2020 CET/CEST

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Salzgitter AG Stock

€22.84
-0.950%
The price for the Salzgitter AG stock decreased slightly today. Compared to yesterday there is a change of -€0.220 (-0.950%).
With 0 Sell predictions and 1 Buy predictions the community sentiment towards the Salzgitter AG stock is not clear.
As a result the target price of 25 € shows a slightly positive potential of 9.46% compared to the current price of 22.84 € for Salzgitter AG.
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EQS Group is a leading international provider of regulatory technology in the fields of corporate compliance and investor relations. In working with EQS Group, thousands of companies worldwide inspire trust by fulfilling complex national and international disclosure obligations, minimizing risks and communicating transparently with stakeholders.




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