Suedwestdeutsche Salzwerke AG
SSH
ISIN DE0007346603 / Valor 349378
Suedwestdeutsche Salzwerke AG
UMushroom community rating:
About company
Südwestdeutsche Salzwerke AG is a prominent German company specializing in the extraction and production of salt, with a history spanning over 125 years. The company operates the largest salt mine in Western Europe, located in Heilbronn, and the historic Berchtesgaden Salt Mine, which has been utilizing the wet mining process since 1517. The company also manages significant evaporated salt production facilities, including the Saltworks Bad Friedrichshall and Saltworks Bad Reichenhall, with annual capacities of approximately 180,000 and 300,000 tons, respectively. These facilities refine brine extracted from Berchtesgaden and natural spring brine from the Reichenhall basin to produce a variety of salt products, including the renowned Bad Reichenhaller Alpine and seasoning salt. Beyond its core salt production activities, Südwestdeutsche Salzwerke AG engages in tourism through its salt mines and museum, and supports innovation via its subsidiary, Salzwerke Beteiligungen GmbH, which invests in start-ups. Additionally, the company is involved in the agricultural sector through AGROSAL GmbH, a joint venture producing salt licks, and Rheinsalz AG, which manufactures high-purity salt tablets.
Summarized from source with an LLMView SourceSector: EnergyLatest Results (02.09.2026):
Südwestdeutsche Salzwerke AG — fourth quarter / full year 2025: The company reports full-year 2025 (Geschäftsbericht 2025) results with group revenue of €343.8 million (+1.9% vs. 2024) and a consolidated net profit of €33.8 million (+3.5%). EBIT fell to €37.8 million (–23.0%) but adjusted EBIT before special items was €45.0 million (–8.3%); earnings per share rose to €3.20. Management proposes a dividend of €1.90 per share. The year included a one‑off provision (Grube Heilbronn €7.23m) and a challenging market environment (mild winter, mixed industrial demand), while balance‑sheet metrics remained strong.
Revenue
Group revenue: €343.8m in 2025, up 1.9% from €337.3m in 2024 — reflecting stable top‑line performance across Salz, Entsorgung, Logistik and Tourismus despite a very mild winter and a difficult macro environment.
Profitability and special items
EBIT (reported): €37.8m (‑23.0% vs. 2024). EBIT before special items: €45.0m (‑8.3%). The 2025 result was reduced by a recorded special provision for Grube Heilbronn of €7.23m.
Margins and earnings
Operating return on sales (ROS): 11.0% in 2025 vs. 14.6% in 2024 (‑3.6 percentage points). Adjusted ROS (before special items): 13.1% (‑1.5 pp). Result before tax: €46.6m (+6.0%). Net income: €33.8m (+3.5%). Earnings per share: €3.20 (+3.2%).
Balance sheet and capital structure
Total assets: €575.7m (+10.9%). Equity: €283.3m (+5.4%), equity ratio: 49.2% (down 2.6 pp); adjusted equity ratio (SuedLink effects excluded): 66.7% (up 3.4 pp). Return on equity: 11.9% (slightly below prior year).
Cash allocation and shareholder return
Management intends to propose a dividend of €1.90 per share at the 2026 Annual General Meeting (consistent with the board’s emphasis on attractive shareholder distribution alongside investments).
Headcount (annual average): 1,151 employees (+2.9%). Personnel expenses rose to €104.9m (+9.5%). The report highlights ongoing investments in decarbonisation (pyrolysis plant, photovoltaics, process‑heat recovery) as part of the roadmap to further reduce Scope 1+2 CO₂ (11.2% reduction in 2025 vs. 2021; 26.0% if purchased origin certificates are included).
Summarized from source with an LLMView SourceKey figures
Performance
Volatility
775 M
Market cap (USD)
100
Daily traded volume (Shares)
54.5 / 54.5
1 day high/low (USD)
52 weeks high/low (USD)
Dividend ex-date
Dividend (USD)
Dividend yield (p.a.)
Est dividend (USD)
Est dividend yield
P/E ratio
Est P/E ratio
EPS (USD)
Est EPS (USD)
Ratings & reviews
EQUITIES OF THE SAME SECTOR
