09.07.2018
Klöckner & Co SE DE000KC01000
DGAP-Adhoc: Klöckner & Co with significant increase in earnings in the second quarter
DGAP-Ad-hoc: Klöckner & Co SE / Key word(s): Preliminary Results
Klöckner & Co with significant increase in earnings in the second quarter
09-Jul-2018 / 14:07 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation
(EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
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Duisburg, Germany, July 9, 2018 - In the USA, an important market for
Klöckner & Co, market prices for steel and metal products were above
expectations in the second quarter. As a result, Klöckner & Co benefited
more strongly than anticipated from the positive market trend.
On the basis of preliminary figures, instead of between EUR65 and EUR75
million as guidance, second-quarter operating income (EBITDA) is now
expected to be around EUR82 million.
A strong year-on-year increase in operating income is forecasted for the
third quarter also due to the expected price level. Therefore, the
expectation for the full year is now at least a slight increase in EBITDA
compared with the prior-year figure.
The full interim report as of June 30, 2018 with the final figures will be
published on July 24, 2018.
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Information and Explanation of the Issuer to this News:
With respect to the EBITDA definition reference is made to the annual report
2017.
Issuer: Klöckner & Co SE, Am Silberpalais 1, 47057 Duisburg, Germany
The shares of Klöckner & Co SE are admitted to trading on the regulated
market segment (Regulierter Markt) of the Frankfurt Stock Exchange
(Frankfurter Wertpapierbörse) with further post-admission obligations (Prime
Standard). Klöckner & Co shares are listed in the SDAX(R)-Index of Deutsche
Börse.
ISIN: DE000KC01000; WKN: KC0100; Common Code: 025808576.
Contact person Klöckner & Co SE:
Investors
Christina Kolbeck
Head of Investor Relations & Sustainability
Phone: +49 203 3072122
Email: [email protected]
Press
Christian Pokropp - Press Spokesperson
Head of Corporate Communications
Phone: +49 203 3072050
Email: [email protected]
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09-Jul-2018 CET/CEST The DGAP Distribution Services include Regulatory
Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de
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Language: English
Company: Klöckner & Co SE
Am Silberpalais 1
47057 Duisburg
Germany
Phone: +49 (0)203 / 307-0
Fax: +49 (0)203 / 307-5000
E-mail: [email protected]
Internet: www.kloeckner.com
ISIN: DE000KC01000
WKN: KC0100
Indices: SDAX
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover,
Munich, Stuttgart, Tradegate Exchange
End of Announcement DGAP News Service
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702669 09-Jul-2018 CET/CEST
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