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EANS-News: Salzgitter Group continues positive results trend

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  Corporate news transmitted by euro adhoc. The issuer/originator is solely
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Financial Figures/Balance Sheet/Key figures for the third quarter 2010

Salzgitter (euro adhoc) - SALZGITTER AG - Key figures for the third quarter 2010

Salzgitter Group continues positive results trend

As expected, the positive results trend of Salzgitter Group continued in the third quarter of the fiscal year 2010.

Within the period from July to September, consolidated external sales amounted to EUR 2,158.4 million (third quarter 2009: EUR 1,834.6 million). The company achieved a pre tax result of EUR 10.8 million (third quarter 2009: EUR -66.1 million).

Included in the pre tax result is a EUR 35.4 million negative impact resulting from US-Dollar end of period valuation as well as a non-periodic profit of EUR 19.9 million.

Further details regarding the results of the third quarter can be obtained from the interim report for the first nine months which is supposed to be published on 12 November 2010.

Disclaimer: Some of the statements made in this notice possess the character of forecasts or may be interpreted as such. They are made upon the best of information and belief, and by their nature are subject to the provision that no unforeseeable deterioration occurs in the economy and in the specific market conditions pertaining to the companies of the various business divisions, but rather that the underlying bases of plans and outlooks prove to be accurate as expected in terms of their scope and timing. The Company undertakes no obligation to update any forward-looking statements.

end of announcement                               euro adhoc
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Further inquiry note:

Markus Heidler
+49 (0) 5341/21-6105
heidler.m@salzgitter-ag.de

Branche: Iron & Steel
ISIN: DE0006202005
WKN: 620200
Index: Midcap Market Index, MDAX, CDAX, Classic All Share, Prime All
Share
Börsen: Frankfurt / regulated dealing/prime standard
Berlin / free trade
Hamburg / free trade
Stuttgart / free trade
Düsseldorf / free trade
Hannover / free trade
München / free trade

Original content of: Salzgitter AG, transmitted by news aktuell

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