Germany-based steelmaker Salzgitter Group has announced its preliminary financial results for the first six months of the current year, generating €4.61 billion of external sales, increasing from €3.96 billion in the same period of 2016. In the January-June period this year, the company’s pre-tax profit amounted to €100.2 million, rising from the €16.1 million recorded in the corresponding period of last year.
For the full year of 2017, Salzgitter anticipates an increase in sales to around €9 billion, a pre-tax profit of between €150 million and €200 million as well as a return on capital employed that is discernibly higher year on year.