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Key data

2018 2017
Crude steel production kt 7,039 6,955
External sales € m 9,278 8,990
Strip Steel Business Unit € m 2,341 2,160
Plate / Section Steel Business Unit € m 1,026 1,024
Mannesmann Business Unit € m 1,119 1,093
Trading Business Unit € m 3,268 3,230
Technology Business Unit € m 1,338 1,285
Industrial Participations / Consolidation € m 186 198
EBIT before depreciation and amortization1) € m 797 707
Earnings before interest and taxes (EBIT)1) € m 413 317
Earnings before taxes (EBT) € m 347 238
Strip Steel Business Unit € m 206 182
Plate / Section Steel Business Unit € m 25 –58
Mannesmann Business Unit € m –5 –6
Trading Business Unit € m 51 71
Technology Business Unit € m 43 7
Industrial Participations / Consolidation € m 28 42
Net income/loss for the financial year € m 278 194
Earnings per share – basic 5.06 3.52
Return on capital employed (ROCE)2) % 10.3 8.6
Cash flow from operating activities € m 528 274
Investments3) € m 338 287
Depreciation/amortization3) € m –384 –390
Balance sheet total € m 8,757 8,318
Non-current assets € m 3,836 3,566
Current assets € m 4,921 4,752
Inventories € m 2,327 2,085
Cash and cash equivalents € m 556 679
Equity € m 3,332 2,990
Liabilities € m 5,425 5,328
Non-current liabilities € m 3,036 3,322
Current liabilities € m 2,389 2,007
of which due to banks4) € m 519 471
Net financial position5) € m 192 381
Employees
Personnel expenses € m –1,739 –1,724
Core workforce on the reporting date6) emol. 23,523 23,139
Total workforce on the reporting date7) empl. 25,363 25,074
Interim Report 1st Half 2019

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Quarterly Statement 3 Months 2019

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Image for the Annual Report 2018

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