Salzgitter Reiterating Its Outlook is a Small Positive -- Market Talk

Dow Jones03-23

0832 GMT - Salzgitter backing its outlook despite the conflict in the Middle East is a small positive in a weak market, Jefferies analysts say in a research note. The German steel company confirmed its guidance for Ebitda in the range of 500 million to 600 million euros and earnings before taxes between 75 million to 175 million euros. Nevertheless, the Ebitda outlook remains below the 663 million euro Visible Alpha consensus estimate, which wasn't updated post the pre-release in early February, the analysts say.Shares trade 6.9% lower at 33.24 euros. (nina.kienle@wsj.com)

(END) Dow Jones Newswires

March 23, 2026 04:32 ET (08:32 GMT)

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