Salzgitter AG and www.aid-net.de will make every reasonable effort to make available only correct and complete information on this website. However, Salzgitter AG and www.aid-net.de do not accept any liability or guarantee for the topicality, correctness and completeness of the information provided on this webpage.
The stock markets proved to be generally favorable in the first half of 2017. After an initially modest start in the month of January that was dominated by concerns about future developments in Europe and in the US, the index entered a virtually unbroken uptrend that lasted until the end of June. The DAX saw a brief phase of consolidation at the beginning of April that was, however, speedily overcome. At the end of the first half year, Germany’s leading index almost reached the 13,000 point mark until fears about a more aggressive interest rate policy triggered a consolidation in the final days of the period under review. The DAX achieved an overall performance of 7% as of June 30, while the MDAX climbed by 10%.
The Salzgitter share also generally performed well in the first six months of 2017, albeit with greater volatility than the overall market. At the start of the year, proclamations by the Chinese government of taking stronger action against illegal and inefficient steel producers in the future pushed the share price up. In addition, numerous analysts gave the prospects of the steel industry a positive rating. Against this backdrop, our share peaked at € 38.46 on February 2, marking its highest point for the year so far. The start of April saw profit taking in response to declining raw material prices, which was followed by a renewed uptrend that held steady through to the end of the first half year and resulted in a closing price for the period of € 35.72. This translates into an overall performance of 6% for the first six months of 2017.
SZAG’s portfolio of treasury shares amounted to 6,009,700 units as per December 31, 2016, and is unchanged from December 31, 2015.
|Divisions:||Strip Steel, Plate/Sections, Mannesmann, Trading, Technology|
|Financial year-end:||December 31|
|Stock market abbreviation||SZG (Deutsche Börse, Bloomberg) SZGG (Reuters)|
|German Securities Identification||620 200|
|Trading segment:||Prime Standart|
|CDAX sector code:||Basic Resources|
|Secondary Public Offering:||June 2, 1998|
|Transferred to MDAX:||June 21, 2010|
|Nominal capital:||Euro 161.615.273,31 (seit 30.09.2005)|
|Nominal capital in shares:||60.097.000 (per 07.08.2008)|
|Autorized capital:||Euro 161.615.273,31 (seit 30.09.2005)|
|Stock markets:||Frankfurt (Parkett, Xetra; official market) Hannover (Heimatbörse; official market) Other markets (OTC; Bremen deactivated)|