DGAP-Adhoc: Salzgitter AG: Impact of the corona pandemic: Reliable assessment of the business develop-ment currently not possible
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 ir@salzgitter-ag.de
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