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03 May
11:08

Salzgitter raises guidance after good start in 2017

On the basis of a healthy start to 2017, and considering the effects anticipated from measures adopted, Germany’s Salzgitter says that it is raising its earnings guidance for its current financial year. In the first three months of 2017, the Salzgitter group has recorded its best quarterly earnings since 2008. With a before-tax profit of €77 million ($84m) it has significantly exceeded the recent market expectations of €43m, the group says in a n…
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