Salzgitter (ETR:SZG) reported a stronger start to 2026, with Chief Financial Officer Birgit Potrafki saying the steel group generated EUR 280 million in adjusted EBITDA in the first quarter, helped by a particularly strong contribution from its stake in Aurubis and improvements across its core business units.
“After two challenging years, that feels really good,” Potrafki told analysts on the company’s first-quarter earnings call. She said Aurubis’ contribution was “exceptionally strong,” driven by high precious metals prices, but emphasized that the improvement was not limited to the investment holding. “All our core business units also contributed to the earnings improvements versus a year earlier,” she said.
