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Klöckner & Co SE / Key word(s): Change in Forecast/Quarter Results
Due to the further considerable increase in steel prices in Europe and the US, Klöckner & Co SE anticipates that the operating income (EBITDA) in the second quarter of 2021 will be significantly stronger than expected. Against this background, the Company now expects an EBITDA before material special effects of €260-290 million, contrary to the previous expectation of €130-160 million.
Information and Explanation of the Issuer to this News:
08-Jun-2021 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Klöckner & Co SE
Am Silberpalais 1
+49 (0)203 / 307-0
+49 (0)203 / 307-5000
Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange
EQS News ID:
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DGAP News Service