Salzgitter reports drop in second-quarter EBITDA
July 19 (Reuters) -German steel group Salzgitter SZGG.DE reported a 23% drop in second-quarter EBITDA compared to the same period last year, the company said on Friday.
Earnings before interest, taxes, depreciation and amortisation came in at 107.2 million euros ($116.72 million), compared to 139.3 million euros last year, it said.
Second-quarter pre-tax losses came in at 5.7 million euros, compared to pre-tax profits of a 27.3 million euros in the same period last year, it said.
($1 = 0.9184 euros)
Reporting by Isabel Demetz, editing by Miranda Murray and Friederike Heine
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