08.12.2022 Salzgitter Aktiengesellschaft  DE0006202005

EQS-News: Salzgitter Aktiengesellschaft: Salzgitter AG sells Salzgitter Bauelemente GmbH to FALK Bouwsystemen


 

EQS-News: Salzgitter Aktiengesellschaft / Key word(s): Disposal
Salzgitter Aktiengesellschaft: Salzgitter AG sells Salzgitter Bauelemente GmbH to FALK Bouwsystemen

08.12.2022 / 11:00 CET/CEST
The issuer is solely responsible for the content of this announcement.


  • Active portfolio management under “Salzgitter AG 2030”
  • Salzgitter Bauelemente GmbH to benefit from greater visibility in the new corporate group
  • FALK aiming at German market entry through the acquisition

 

Salzgitter. / Ede (NL). FALK Bouwsystemen based in Ede in the Netherlands will be taking over Salzgitter Bauelemente GmbH (SZBE), effective January 1, 2023. The takeover has now been contractually concluded, and the employees in Salzgitter have already been informed in a staff meeting. The parties have agreed to treat the purchase price confidentially.

 

Buyer FALK Bouwsystemen is a family-run company with around 150 employees, and thus twice the size of SZBE. The company has focused on the construction of buildings in industry and agriculture for 15 years and ranks as market leader in the Netherlands. The company’s production volume in the sandwich elements segment totals five million square meters, approximately five times SZBE’s volume.

 

SZBE will continue to be managed as an independent GmbH by Kai Bohmbach, the current general manager.

 

As CEO Gunnar Groebler explains, commenting on the motivation for the sale: “This transaction is the perfect fit for our Salzgitter 2030 strategy under which we announced a more active portfolio management in line with the best owner principle. FALK’s takeover opens up considerably better strategic options for growth for SZBE and its employees compared with the former corporate group. I am delighted that the Falk Group has opted to rely on the skills and experience of Salzgitter Bauelemente’s employees to build up its own market position in Germany. We wish all parties involved every success.”

 

FALK Group states: “In acquiring Salzgitter Bauelemente we are aiming to orchestrate our own independent entry into the German market. To this end, we will be building on the existing know-how and endeavoring to expand the production volume at this location; similarly, the investment measures envisaged by management are to be progressed. We welcome the current workforce most warmly to the FALK group of companies and emphasize that the existing collective bargaining and company agreements will remain in place as before.”

 

SZBE General Manager Kai Bohmbach: “In the new corporate group, Salzgitter Bauelemente will benefit from greater visibility than before, which is also a reason for our positive assessment of the new arrangement. Similarly, FALK’s clear focus on the construction industry and the potential for cooperating in procuring material are advantageous.”

 

FALK and SZBE also derive mutual benefit from their respective technical specializations: FALK, for instance, has stated that it is the first company in the world to recycle sandwich elements, thereby reducing the environmental impact by around 40 %. SZBE, on the other hand, is already manufacturing sandwich elements from mineral wool to accommodate its customers’ fire protection requirements.

 

The Salzgitter site on the steelworks premises will be retained, and Salzgitter Flachstahl will continue to supply feedstock. Administrative operations are generally to be run decentrally. The business premises and the storage location will remain in the possession of Salzgitter Flachstahl and will be leased to the buyer for a minimum period of ten years, plus renewal options.

 

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]


08.12.2022 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com


Language: English
Company: Salzgitter Aktiengesellschaft
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: 1508423

 
End of News EQS News Service

1508423  08.12.2022 CET/CEST

fncls.ssp?fn=show_t_gif&application_id=1508423&application_name=news&site_id=boersengefluester_html


Die wichtigsten Finanzdaten auf einen Blick
  2017 2018 2019 2020 2021 2022 2023e
Umsatzerlöse1 8.990,20 9.278,20 8.547,30 7.090,80 9.767,40 12.553,30 10.790,50
EBITDA1,2 707,20 797,20 354,20 176,00 1.261,60 1.617,80 677,00
EBITDA-Marge3 7,87 8,59 4,14 2,48 12,92 12,89
EBIT1,4 316,80 412,60 -187,50 -119,00 753,20 1.312,00 355,10
EBIT-Marge5 3,52 4,45 -2,19 -1,68 7,71 10,45 3,29
Jahresüberschuss1 193,60 277,70 -237,30 -273,90 586,10 1.085,40 204,10
Netto-Marge6 2,15 2,99 -2,78 -3,86 6,00 8,65 1,89
Cashflow1,7 273,70 527,80 250,70 18,30 329,40 596,50 892,00
Ergebnis je Aktie8 3,35 5,06 -4,46 -5,13 10,74 20,00 3,70
Dividende8 0,45 0,55 0,00 0,00 0,75 1,00 0,30
Quelle: boersengefluester.de und Firmenangaben

  Geschäftsbericht 2023 - Kostenfrei herunterladen.  
1 in Mio. Euro; 2 EBITDA = Ergebnis vor Zinsen, Steuern und Abschreibungen; 3 EBITDA in Relation zum Umsatz; 4 EBIT = Ergebnis vor Zinsen und Steuern; 5 EBIT in Relation zum Umsatz; 6 Jahresüberschuss (-fehlbetrag) in Relation zum Umsatz; 7 Cashflow aus der gewöhnlichen Geschäftstätigkeit; 8 in Euro; Quelle: boersengefluester.de

Wirtschaftsprüfer: Ernst & Young

INVESTOR-INFORMATIONEN
©boersengefluester.de
Salzgitter
WKN Kurs in € Einschätzung Börsenwert in Mio. €
620200 18,310 Kaufen 1.100,38
KGV 2025e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
8,72 11,04 0,79 4,99
KBV KCV KUV EV/EBITDA
0,23 1,23 0,10 4,62
Dividende '22 in € Dividende '23e in € Div.-Rendite '23e
in %
Hauptversammlung
1,00 0,45 2,46 29.05.2024
Q1-Zahlen Q2-Zahlen Q3-Zahlen Bilanz-PK
13.05.2024 12.08.2024 11.11.2024 15.03.2024
Abstand 60Tage-Linie Abstand 200Tage-Linie Performance YtD Performance 52 Wochen
-19,36% -25,58% -34,61% -45,60%
    
Weitere Ad-hoc und Unternehmensrelevante Mitteilungen zu Salzgitter Aktiengesellschaft  ISIN: DE0006202005 können Sie bei EQS abrufen


Stahl/Kupfer , 620200 , SZG , XETR:SZG