SZZL

First Half 2026 revenues +40% YoY for the period, reflecting continued execution of the Group's trading and industrial strategy First Half of 2026 (“H1”) Financial Performance 1 : total revenues of $1,192.4 million (+40.0% from the prior first half of 2025 or “YoY for the period”); gross profit of $105.9 million (+36.9% YoY for the period); and operating profit of $37.0 million (+153.8% YoY for the period); H1 2026 EBITDA 2 of $50.7 million (+80.8% YoY for the period); FY 2026 Projections 3 : revenues $2.1-$2.5 billion; gross profit of $200 million and EBITDA2 of $80-85 million; Strategic and Operational Execution: On October 1st, 2026, Trasteel took over the operations at the La Magona plant in Piombino (Italy), an historical Italian steel plant of galvanized and pre-painted coils. When fully operational, Trasteel expects La Magona to add production volume exceeding 500,000 tons by the end of 2027, resulting in significant revenues and EBITDA on an annual basis; On September 30, 2026, Trasteel completed the acquisition of the remaining 40% interest of BBC Alloys, bringing its ownership to 100%; On May 15, 2026, Trasteel announced the establishment of QTrasteel, a 50-50 joint venture with Al Qalaa International Group focused on expanding market access in the MENA region.

Transaction strengthens the Group's raw materials offering to European steelmakers and foundries through BBC Alloys' ferroalloy processing and distribution platform Transaction strengthens the Group's raw materials offering to European steelmakers and foundries through BBC Alloys' ferroalloy processing and distribution platform

LUGANO, Switzerland and BERTRANGE, Luxembourg, Oct. 05, 2026 (GLOBE NEWSWIRE) -- Trasteel Holding S.A. (“Trasteel” or the “Company”), a global steel trading and industrial group (the “Group”) headquartered in Lugano (Switzerland) and Luxembourg, today announced that Trasteel Magona S.r.l.

LUGANO, Switzerland and BERTRANGE, Luxembourg, Oct. 01, 2026 (GLOBE NEWSWIRE) -- Trasteel Holding S.A. (“Trasteel” or the “Company”), a global steel trading and industrial group headquartered in Lugano (Switzerland) and Luxembourg, and Sizzle Acquisition Corp. II (Nasdaq: SZZL) (“Sizzle II”), a publicly traded special purpose acquisition company, today announced that Trasteel S.A. (“Pubco”), a newly formed Luxembourg holding company, confidentially submitted a draft registration statement on Form F-4 (as amended from time to time, the “Registration Statement”) to the U.S. Securities and Exchange Commission (the “SEC”) on September 30, 2026. The Registration Statement relates to the previously announced business combination agreement, dated as of April 13, 2026, as amended (the “Business Combination Agreement”), by and among Sizzle II, Trasteel, Pubco and the parties thereto.

Newly created role establishes a dedicated investor relations function ahead of the contemplated Nasdaq listing of the Group through Trasteel's business combination with Sizzle Acquisition Corp. II Newly created role establishes a dedicated investor relations function ahead of the contemplated Nasdaq listing of the Group through Trasteel's business combination with Sizzle Acquisition Corp. II

LUGANO, Switzerland and BERTRANGE, Luxembourg, Aug. 03, 2026 (GLOBE NEWSWIRE) -- Trasteel Holding S.A. (“Trasteel” or the “Company”), a global steel trading and industrial group, today announced that Profilmec Group (“Profilmec”), its Italian subsidiary active in the production of cold-formed, high-frequency welded steel tubes and profiles, has completed a significant energy efficiency and digitalization upgrade at its production site in Cuneo, Italy in early July 2026.

MAMARONECK, N.Y., May 11, 2026 /PRNewswire/ -- Young America Capital LLC announces its role as exclusive financial advisor to Trasteel Holding S.A.

Luxembourg, Switzerland, April 13, 2026 (GLOBE NEWSWIRE) -- Trasteel Holding S.A. (“Trasteel”), headquartered in Lugano (Switzerland) and Luxembourg, and Sizzle Acquisition Corp. II (Nasdaq: SZZL) (“Sizzle II”), a Cayman Islands publicly traded special purpose acquisition company, today announced that they have entered into a definitive agreement, dated April 13, 2026, for a business combination (“Business Combination Agreement”) to form a new global steel trading and industrial public holding company (“Pubco”).