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Salzgitter


Actualités

Salzgitter Announces MoU Between Wagon Automotive And Salzgitter Flachstahl

BRIEF-Salzgitter Announces MoU Between Wagon Automotive And Salzgitter Flachstahl Sept 28 (Reuters) - SALZGITTER AG SZGG.DE : COOPERATION AGREEMENT BETWEEN WAGON AUTOMOTIVE AND THE SALZGITTER FLACHSTAHL GMBH AUTOMOTIVE SUPPLIER WAGON AUTOMOTIVE NAGOLD GMBH AND SALZGITTER FLACHSTAHL GMBH RECENTLY SIGNED A MEMORANDUM OF UNDERSTANDING Further company
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Volkswagen restarts production after suffering major IT outage

UPDATE 3-Volkswagen restarts production after suffering major IT outage Adds shares, VW comment By Christoph Steitz FRANKFURT, Sept 28 (Reuters) - Volkswagen VOWG_p.DE said on Thursday that a major IT outage, which had caused most of its German plants to halt production, was resolved overnight and its global production network was up and running again.
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Volkswagen hit by IT outage, VW vehicle production in Germany halted

UPDATE 3-Volkswagen hit by IT outage, VW vehicle production in Germany halted Adds context in paragraph 5, details on affected sites in paragraph 7 FRANKFURT, Sept 27 (Reuters) - Volkswagen VOWG_p.DE said it was hit by a major IT outage on Wednesday, causing production at the carmaker's namesake brand in Germany to come to a halt. Volkswagen, Europe's top carmaker, said the whole group, which includes the Porsche AG P911_p.DE and Audi brands, was affected.
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Close Brothers Group, Derwent London, Klepierre

EUROPE RESEARCH ROUNDUP-Close Brothers Group, Derwent London, Klepierre Sept 25 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Close Brothers Group, Derwent London and Klepierre, on Monday. HIGHLIGHTS * Adyen NV ADYEN.AS : Stifel cuts target price to EUR 720 from EUR 1,900 * Close Brothers Group Plc CBRO.L : JP Morgan raises to neutral from underweight * Derwent London Plc DLN.L : RBC raises to sector perform from underperform * K
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Brooks MacDonald Group, TUI, Weir Group

EUROPE RESEARCH ROUNDUP- Brooks MacDonald Group, TUI, Weir Group Sept 21 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Brooks MacDonald Group, TUI and Weir Group, on Thursday. HIGHLIGHTS * Brooks MacDonald Group Plc BRK.L : RBC cuts target price to 1,900p from 2,100p * Duell Oyj DUELL.HE : Evli Research cuts to hold from buy * Merck KGaA MRCG.DE : Citigroup raises to buy from neutral * TUI AG TUI1n.DE : Jefferies raises to hold f
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Salzgitter Orders One Of Europe's Largest Green Hydrogen Plants From Andritz

BRIEF-Salzgitter Orders One Of Europe's Largest Green Hydrogen Plants From Andritz Sept 20 (Reuters) - ANDRITZ AG ANDR.VI : SALZGITTER ORDERS ONE OF EUROPE’S LARGEST GREEN HYDROGEN PLANTS FROM ANDRITZ STARTING IN 2026, THE PLANT WILL PRODUCE AROUND 9,000 TONS OF GREEN HYDROGEN PER YEAR, WHICH WILL BE USED TO PRODUCE GREEN STEEL THIS CONTRACT COMP
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Salzgitter Sees FY EBITDA Between Eur 650-700 Mln

BRIEF-Salzgitter Sees FY EBITDA Between Eur 650-700 Mln Sept 19 (Reuters) - SALZGITTER AG SZGG.DE : SALZGITTER AG: SALZGITTER GROUP WITH NEW EARNINGS GUIDANCE FOR THE 2023 FINANCIAL YEAR OUTLOOK 2023: EBITDA BETWEEN EUR 650 MILLION AND EUR 700 MILLION (PREVIOUSLY: BETWEEN EUR 750 MILLION AND EUR 850 MILLION) OUTLOOK 2023: A PRE-TAX PROFIT BETWEEN E
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Volkswagen's battery unit PowerCo investor could be big client - CFO

Volkswagen's battery unit PowerCo investor could be big client - CFO By Sabine Wollrab FRANKFURT, Sept 19 (Reuters) - Volkswagen VOWG_p.DE could score one of its major clients as a strategic investor in its battery unit PowerCo, Chief Financial Officer Arno Antlitz said, not ruling out that there could be several investors down the line. The battery unit's first planned client is Ford F.N , to whom it will deliver cells for vehicles the U.S.
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German union to seek 8.5% wage increase for steelworkers

German union to seek 8.5% wage increase for steelworkers BERLIN, Sept 6 (Reuters) - Germany's IG Metall union said on Wednesday that it will seek an 8.5% wage increase for steelworkers in the next round of collective bargaining. Writing by Friederike Heine, Editing by Thomas Escritt
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Aurubis's scrapped outlook drags shares, stakeholder Salzgitter follows

BUZZ-Aurubis's scrapped outlook drags shares, stakeholder Salzgitter follows Updates Aurubis shares, adds Salzgitter guidance suspension and share move, YTD moves ** Shares of Europe's largest copper producer Aurubis NAFG.DE slide 10% in early Frankfurt trade after it scrapped 2023 profit outlook, saying it has become a target of criminal activity by a suspected organised theft ring ** It said on Thursday it would not reach its EBT target of 450-550 mln euros ($488.0-596.5 mln) and that damages
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Salzgitter Suspends Earnings Guidance After Aurubis Profit Warning

BRIEF-Salzgitter Suspends Earnings Guidance After Aurubis Profit Warning Sept 1 (Reuters) - Salzgitter AG SZGG.DE : SALZGITTER GROUP SUSPENDS EARNINGS GUIDANCE FOR THE 2023 FINANCIAL YEAR SAYS SUSPENDING ITS RESULTS GUIDANCE FOR CURRENT FINANCIAL YEAR FOR TIME BEING SAYS WILL ADJUST IT ACCORDINGLY ONCE AURUBIS AG HAS UPDATED ITS GUIDANCE Source tex
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Aurubis shares plunge on suspected metal theft

UPDATE 2-Aurubis shares plunge on suspected metal theft Company says it has been the target of criminal activity Finds 'considerable discrepancies' in inventories Won't meet full-year profit target Shares drop 14% to near 10 month low Adds share price, details on investigation By Jan Schwartz HAMBURG, Sept 1 (Reuters) - Aurubis NAFG.DE saw around 500 million euros ($542 million) wiped off its market value on Friday after Europe's largest copper producer said it suspected a criminal gang had stol
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Salzgitter To Receive EUR 1.03 Bln In Refurbished Syndicated Loan

BRIEF-Salzgitter To Receive EUR 1.03 Bln In Refurbished Syndicated Loan Aug 30 (Reuters) - SALZGITTER AG SZGG.DE : TO RECEIVE EUR 1.03 BILLION IN REFURBISHED SYNDICATED LOAN NEW FACILITIES ARE REPLACING A EUR 560 MILLION SYNDICATED FINANCING CONCLUDED BACK IN 2017 EXISTING EUR 560 MILLION CREDIT LINE WAS RAISED TO EUR 680 MILLION, WITH A NEW EUR 35
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Salzgitter CEO wants power price support for German industry

UPDATE 1-Salzgitter CEO wants power price support for German industry Adds context in paragraph 4, price detail in paragraph 5, further explanations in paragraphs 6-8 By Vera Eckert LEHRTE, Germany, Aug 22 (Reuters) - German industry needs temporary help with electricity price support, the head of steelmaker Salzgitter SZGG.DE said in North Germany on Tuesday.
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Salzgitter CEO says power price support needed for German industry

Salzgitter CEO says power price support needed for German industry LEHRTE, Germany, Aug 22 (Reuters) - German industry needs temporary help with electricity price support, the head of steelmaker Salzgitter SZGG.DE said in North Germany on Tuesday. "It is difficult for the industry to take investment decisions that are not secured at one of the key points of the green energy transformation," said Salzgitter Chief Executive Gunnar Groebler about a scheme proposed by the Economy Ministry but heavil
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Adecco Group AG, Hays, Randstad NV

EUROPE RESEARCH ROUNDUP-Adecco Group AG, Hays, Randstad NV Aug 22 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Adecco Group AG, Hays, and Randstad NV, on Tuesday. HIGHLIGHTS * Adecco Group AG ADEN.S : Exane BNP Paribas raises to outperform from underperform * Ediston Property Investment Company Plc EPICE.L : Peel Hunt cuts to hold from buy * Hays HAYS.L : Exane BNP Paribas raises to outperform from neutral * Randstad NV RAND.AS
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Adyen NV, Demant A/S, Tecan Group AG

EUROPE RESEARCH ROUNDUP-Adyen NV, Demant A/S, Tecan Group AG Aug 21 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Adyen NV, Demant A/S, and Tecan Group AG, on Monday. HIGHLIGHTS * Adyen NV ADYEN.AS : Jefferies cuts to hold from buy * Demant A/S DEMANT.CO : JP Morgan raises to overweight from neutral * Ferrovial SE FERF.AS : Alphavalue raises to reduce from sell * Tecan Group AG TECN.S : Baader Helvea raises to buy from add * U Bl
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Salzgitter Flachstahl And The Automotive Supplier Snop Sign MOU

BRIEF-Salzgitter Flachstahl And The Automotive Supplier Snop Sign MOU Aug 18 (Reuters) - Salzgitter AG SZGG.DE : SIGNED COOPERATION AGREEMENT WITH SNOP IN ORDER TO MAKE ITS OWN PRODUCTION MORE SUSTAINABLE, SNOP WILL USE CO2-REDUCED STEEL FROM THE SALCOS® ROUTE IN THE FUTURE Further company coverage: SZGG.DE (Gdansk Newsroom)
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Alcon AG, Aumann AG, E ON SE

EUROPE RESEARCH ROUNDUP-Alcon AG, Aumann AG, E ON SE Aug 17 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Alcon AG, Aumann AG, and E ON SE, on Thursday. HIGHLIGHTS * Alcon AG ALCC.S : JP Morgan raises to overweight from neutral * Aumann AG AAGG.DE : Berenberg raises to buy from hold * Carl Zeiss Meditec AG AFXG.DE : UBS cuts to neutral from buy * E ON SE EONGn.DE : HSBC raises to buy from hold * Lanxess LXSG.DE : Barclays cuts to
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Salzgitter And HGK Shipping Say They Sign Memorandum Of Understanding

BRIEF-Salzgitter And HGK Shipping Say They Sign Memorandum Of Understanding Aug 15 (Reuters) - SALZGITTER AG SZGG.DE : TWO SUBSIDIARIES OF SALZGITTER AG - SALZGITTER FLACHSTAHL AND DEUMU DEUTSCHE ERZ- UND METALL-UNION - AND EUROPE'S LARGEST INLAND SHIPPING COMPANY SIGNED A MEMORANDUM OF UNDERSTANDING (MOU) IN SALZGITTER ON AUGUST 10. THE FOCUS IS O
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