Salzgitter

OverviewSuggest Edit

Salzgitter is a company that provides steel technology and plant engineering solutions. It specializes in the production and processing of rolled steel and tubes products. The company operates five business units of Strip Steel, Plate/Section Steel, Mannesmann, Trading, and Technology.
TypePublic
Founded1970
HQSalzgitter, DE
Websitesalzgitter-ag.com
Employee Ratings3.8

Latest Updates

Employees (est.) (Dec 2021)22,356(-1%)
Revenue (FY, 2021)€9.8 B(+38%)
Share Price (Jun 2022)€24.2
Cybersecurity ratingCMore
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Key People/Management at Salzgitter

Gunnar Groebler

Gunnar Groebler

Chief Executive Officer
Burkhard Becker

Burkhard Becker

Chief Financial Officer
Hans-Jürgen Urban

Hans-Jürgen Urban

Vice Chairman
Heinz-Gerhard Wente

Heinz-Gerhard Wente

Chairman
Michael Kieckbusch

Michael Kieckbusch

Managing Director of Personell
Norbert Keller

Norbert Keller

Board Member
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Salzgitter Office Locations

Salzgitter has offices in Salzgitter, Berlin, Crimmitschau, Düsseldorf and in 28 other locations
Salzgitter, DE (HQ)
Eisenhüttenstraße 99
Berlin, DE
Seidelbastweg 133
Crimmitschau, DE
Gewerbering 26A
Düsseldorf, DE
Schwannstraße 12
Fellbach, DE
Bahnhofstraße 57
Georgsmarienhütte, DE
Malberger Str. 20
Show all (33)

Salzgitter Financials and Metrics

Salzgitter Revenue

Salzgitter's revenue was reported to be €9.77 b in FY, 2021
EUR

Revenue (Q1, 2022)

3.3b

Gross profit (Q1, 2022)

1.3b

Net income (Q1, 2022)

368.8m

EBITDA (Q1, 2022)

548.3m

EBIT (Q1, 2022)

479.0m

Market capitalization (24-Jun-2022)

1.3b

Closing stock price (24-Jun-2022)

24.2

Cash (31-Mar-2022)

668.2m

EV

2.2b
Salzgitter's current market capitalization is €1.3 b.
Annual
EURFY, 2018FY, 2019FY, 2020FY, 2021

Revenue

9.3b8.5b7.1b9.8b

Cost of goods sold

(6.0b)(5.6b)(4.7b)(6.2b)

Gross profit

3.6b3.1b2.5b3.7b

R&D expense

(101.3m)(97.9m)(91.1m)(82.4m)
Quarterly
EURQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022

Revenue

2.3b2.2b2.1b2.1b3.6b(475.0m)2.1b2.3b2.6b3.3b

Cost of goods sold

(1.5b)(1.5b)(1.4b)(1.4b)(2.4b)332.5m(1.4b)(1.5b)(1.6b)(2.2b)

Gross profit

879.3m807.5m819.6m783.1m1.3b(178.6m)857.6m915.2m1.0b1.3b
Annual
EURFY, 2018FY, 2019FY, 2020FY, 2021

Cash

555.6m700.5m621.4m741.8m

Accounts Receivable

1.4b1.1b923.9m1.5b

Prepaid Expenses

24.5m22.6m23.7m17.0m

Inventories

2.3b2.2b1.9b3.1b
Quarterly
EURQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022

Cash

444.3m663.2m455.3m464.5m401.5m339.0m578.4m544.6m360.2m668.2m

Accounts Receivable

1.4b1.4b1.4b1.3b1.0b1.0b1.3b1.4b1.5b2.0b

Prepaid Expenses

26.7m22.9m22.2m27.1m24.4m23.7m26.5m21.2m18.8m28.5m

Inventories

2.3b2.3b2.3b2.1b2.0b1.9b1.9b2.2b2.7b3.1b
Annual
EURFY, 2018FY, 2019FY, 2020FY, 2021

Net Income

347.3m(253.3m)(196.4m)705.7m

Depreciation and Amortization

371.3m541.3m295.2m507.6m

Inventories

(198.1m)84.0m301.5m(1.2b)
Quarterly
EURQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022

Net Income

125.9m145.3m40.7m(159.2m)(127.8m)(224.4m)117.3m305.7m604.5m465.3m

Depreciation and Amortization

87.3m176.2m261.9m222.5m148.5m220.2m74.1m149.5m219.6m69.1m

Inventories

(9.9m)(11.1m)(13.6m)332.3m189.9m358.8m46.0m(238.4m)(752.1m)35.7m
EURFY, 2018

Revenue/Employee

394.4k
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Salzgitter Operating Metrics

FY, 2018FY, 2019FY, 2020

Crude Steel Capacity, tons

7 m7 m7 m

Investments Portfolio

€338 m€593 m€411 m

Research and Development Ratio, %

1%1.1%1.2%

Salzgitter Acquisitions / Subsidiaries

Company NameDateDeal Size
Bresmex Tuberia S.A.November 06, 2007
ETC Bleistahl GmbH & Co. KGMay 23, 2001
BSH Braunschweiger Schrotthandel GmbH
DESMA Schuhmaschinen GmbH
DEUMU Deutsche Erz- und Metall-Union GmbH
GESIS Gesellschaft für Informationssysteme mbH
Glückauf Immobilien GmbH
Hansaport Hafenbetriebsgesellschaft mbH
Hövelmann & Lueg Vermögensverwaltung GmbH
Ilsenburger Grobblech GmbH
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Salzgitter Revenue Breakdown

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Salzgitter revenue breakdown by business segment: 9.7% from SECTIONS, 36.9% from TRADING, 13.9% from TECHNOLOGY, 25.9% from FLAT ROLLED PRODUCTS, 11.8% from MANNESMANN and 1.7% from Other

Salzgitter revenue breakdown by geographic segment: 27.8% from REST OF EEC, 45.2% from GERMANY, 11.2% from ALL OF NORTH & SOUTH AMERICA, 7.2% from ASIA and 8.6% from Other

Salzgitter Cybersecurity Score

Cybersecurity ratingPremium dataset

C

75/100

SecurityScorecard logo

Salzgitter Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

60-79

out of 100

CSRHub logo

Salzgitter Online and Social Media Presence

Embed Graph

Salzgitter News and Updates

Salzgitter-Konzern mit starken vorläufigen Zahlen des Geschäftsjahres 2021 und selbstbewusster Umsatz- und Ergebnisprognose für das Geschäftsjahr 2022

Der Salzgitter-Konzern erzielte im Geschäftsjahr 2021 einen Gewinn vor Steuern in Höhe von 706,7 Mio. € (2020: –196,4 Mio. €). Zu der erheblichen Ergebnisverbesserung haben vor allem die Geschäftsbereiche Flachstahl und Handel beigetragen. Darüber hinaus verzeichnete das Trägersegment trotz des mass…

Salzgitter-konzern Stellt Neue Strategie „Salzgitter Ag 2030“ Vor

Die Salzgitter AG stellt ihre neue Strategie „Salzgitter AG 2030“ vor. Ziel ist es, den Konzern mit innovativen Produkten und Prozessen als eigenständigen Marktführer für „Circular Economy Solutions“ zu etablieren. Dies kann nur mit starken Partnern und Netzwerken gelingen.

Salzgitter AG liefert ab 2026 CO2-armen-Stahl an alle BMW Group Werke in Europa und unterstützt damit ihren Kunden maßgeblich beim Erreichen seiner Klimaziele

Die Salzgitter AG soll ab 2026 alle europäischen Werke der BMW Group mit CO2-armem Stahl beliefern. Darüber haben die Unternehmen nun eine Vereinbarung zur Serienbelieferung aus der CO2-armen Prozessroute abgeschlossen.

Auf Dem Weg In Die Circular Economy – Salzgitter Ag Und ØRsted Starten Strategische Partnerschaft

Die Salzgitter AG und Ørsted arbeiten künftig als strategische Partner zusammen.

Volkswagen Establishes European Company For Battery Business; To Make Salzgitter Its Battery Hub

Volkswagen Group (VKW.L, VLKAF.PK, VOW.BE) has established a European company for the management of its own battery business. Soonho Ahn will take on a leading role in the development of battery cells. He was most recently Global Head of Battery Development at Apple.

Konzernsprecher Bernhard Kleinermann verlässt Salzgitter AG

Nach mehr als 25 Jahren verlässt Herr Bernhard Kleinermann, Konzernpressesprecher und Leiter der Konzernkommunikation der Salzgitter AG, das Unternehmen, um sich neuen beruflichen und privaten Herausforderungen außerhalb des Konzerns zu stellen.
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Salzgitter Blogs

Good things come to those who wait – Tokyo Olympics 2020

Tim Claus Bardenhagen works in Strategic Product Management at DESMA Schuhmaschinen in Achim. With his degrees in Business Administration and Sales Management he is well prepared for his task to explain old and new customers our innovative technology. This job makes him travel a lot. But recently he…

Teamwork beyond stereotypes: Salzgitter International Training Program 2020

February 17, 2020, Potsdam: It is Monday and a special day for our participants of the Salzgitter International Training Program (SITP) 2020, which will start any minute. Twelve young professionals of the whole Salzgitter Group are taking part in the program this year which consists of 3 different m…

Salzgitter International Training Program 2019 – Module 3: “A powerful conclusion to the entire training program”

Fourteen young professionals from the whole Salzgitter Group joined the Salzgitter International Training Program in April 2019. They come from all over the world: China, Brazil, the United States, India, Romania, the Netherlands and Germany. The Program, abbreviated as SITP, consists of 3 different…

SITP 2019 Module 2: By far the best risotto we’ve ever had and a wonderful time among friends!

Fourteen young professionals from the whole Salzgitter Group joined the Salzgitter International Training Program in April 2019. They come from all over the world: China, Brazil, the United States, India, Romania, the Netherlands and Germany. The Program, abbreviated as SITP, consists of 3 different…

„We left the week as one team“ – Salzgitter International Training Program 2019

March 11, 2019, Hamburg: It is Monday and a special day for our participants of the Salzgitter International Training Program 2019, which will start any minute. Fourteen young professionals of the whole Salzgitter Group came to Hamburg from all over the world: China, Brazil, the United States, India…

“Started journey alone, finished as team“: Salzgitter International Training Program 2018, Module 3

Three months after coming together in Hanover, the 2018 SITP team reunited. On our way to Dresden, we all shared mixed feelings. We were very excited to meet again yet saddened because of the upcoming end of the training program. Indeed, we all knew it was going to be our last week together as a
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Salzgitter Frequently Asked Questions

  • When was Salzgitter founded?

    Salzgitter was founded in 1970.

  • Who are Salzgitter key executives?

    Salzgitter's key executives are Gunnar Groebler, Burkhard Becker and Hans-Jürgen Urban.

  • How many employees does Salzgitter have?

    Salzgitter has 22,356 employees.

  • What is Salzgitter revenue?

    Latest Salzgitter annual revenue is €9.8 b.

  • What is Salzgitter revenue per employee?

    Latest Salzgitter revenue per employee is €436.9 k.

  • Who are Salzgitter competitors?

    Competitors of Salzgitter include Diehl, Nippon Steel and SSAB.

  • Where is Salzgitter headquarters?

    Salzgitter headquarters is located at Eisenhüttenstraße 99, Salzgitter.

  • Where are Salzgitter offices?

    Salzgitter has offices in Salzgitter, Berlin, Crimmitschau, Düsseldorf and in 28 other locations.

  • How many offices does Salzgitter have?

    Salzgitter has 33 offices.