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Klöckner & Co SE / Key word(s): Forecast/Annual Results
According to preliminary figures, Klöckner & Co SE generated a record operating income (EBITDA) before material special effects of €401 million in the first half of the financial year 2021. Due to the continued positive dynamics of steel prices in Europe and the US at the beginning of the third quarter combined with extremely strict net working capital management and supported by the substantial effects from the Surtsey project, Klöckner & Co SE anticipates EBITDA before material special effects in the third quarter to be significantly stronger than previously expected by the market at €200-230 million.
Information and Explanation of the Issuer to this News:
29-Jul-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
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