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4-Traders Homepage  >  Equities  >  Xetra  >  Salzgitter AG    SZG   DE0006202005

SALZGITTER AG (SZG)
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Salzgitter : thyssenkrupp names MPE 2016 Supplier of the Year

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08/02/2017 | 11:06am CEST

thyssenkrupp Presta has now named the MPE St. Florentin site in France as 2016 Supplier of the Year. The precision tubes welded at the SMP Hamm site are drawn in St. Florentin and then used by thyssenkrupp Presta as the starting material for camshaft manufacturing. In Europe in 2016, MPE supplied the thyssenkrupp Presta Ilsenburg and Chemnitz plants with more than 3.6 million steel tubes, corresponding to roughly 2,000 metric tons. The award's criteria were quality, service, development and economic efficiency. MPE was honored especially for its logistics performance (punctual deliveries), the overall quality (no complaints), its active development (delivery of prototypes and solutions with added value), and the good interface between MPE Sales and Marketing and thyssenkrupp Presta Purchasing.

Salzgitter AG published this content on 02 August 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 02 August 2017 09:06:04 UTC.

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Financials (€)
Sales 2018 9 224 M
EBIT 2018 375 M
Net income 2018 226 M
Debt 2018 920 M
Yield 2018 1,31%
P/E ratio 2018 9,83
P/E ratio 2019 10,13
EV / Sales 2018 0,36x
EV / Sales 2019 0,35x
Capitalization 2 392 M
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Mean consensus HOLD
Number of Analysts 19
Average target price 47,0 €
Spread / Average Target 18%
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Heinz Jörg Fuhrmann Chairman-Executive Board & Chief Executive Officer
Heinz-Gerhard Wente Chairman-Supervisory Board
Burkhard Becker Chief Financial Officer
Heike Niederau-Buck Chief Information Officer
Ulrich Dickert Member-Supervisory Board
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