Shares of Salzgitter AG fell approximately 7% in German trading following the steel manufacturer’s announcement of a fiscal 2025 loss, albeit narrower than the previous year, amid weak net sales. The company maintained its dividend and provided a cautiously optimistic fiscal 2026 outlook, projecting growth in revenues and EBITDA. In contrast, Fuchs SE reported slight increases in profit and sales, raising its dividend and also forecasting growth for fiscal 2026. Meanwhile, Vonovia SE’s shares dropped around 10% after the real estate firm reported weak revenues and units for fiscal 2025 but noted a return to net profit due to a significant tax gain.
These developments reflect a mixed sentiment in the European market, particularly in the industrial and real estate sectors. Salzgitter’s struggles highlight ongoing challenges in the steel industry, while Vonovia’s performance raises concerns about the real estate market’s resilience amid economic pressures.
Market professionals should closely monitor the fiscal 2026 outlooks from these companies, as they may indicate broader trends in sector performance and investor sentiment moving forward.
Source: rttnews.com