Salzgitter had released indications for 2015 on 28 January. At that time, it projected the above pre-tax profit but did not give any net profit number. However, it had communicated in mid-January, that income tax charges would be higher than previously expected as Germany’s Upper Financial Court had made a decision that also impacted Salzgitter’s accounts. However, the additional tax charge mentioned then was €25m. Today’s release translates into total income tax charge
26 Feb 2016
Pre-tax profit of €13m yields a net loss of €46m
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Pre-tax profit of €13m yields a net loss of €46m
Salzgitter AG (SZG:WBO) | 0 0 (-0.3%) | Mkt Cap: 2,774m
- Published:
26 Feb 2016 -
Author:
Hans-Peter Wodniok -
Pages:
2
Salzgitter had released indications for 2015 on 28 January. At that time, it projected the above pre-tax profit but did not give any net profit number. However, it had communicated in mid-January, that income tax charges would be higher than previously expected as Germany’s Upper Financial Court had made a decision that also impacted Salzgitter’s accounts. However, the additional tax charge mentioned then was €25m. Today’s release translates into total income tax charge