24.09.2020 Klöckner & Co SE  DE000KC01000

DGAP-Adhoc: Klöckner & Co SE: Guidance for the third quarter and full year 2020 - Operating income significantly better than previously expected


 

DGAP-Ad-hoc: Klöckner & Co SE / Key word(s): Forecast
Klöckner & Co SE: Guidance for the third quarter and full year 2020 - Operating income significantly better than previously expected

24-Sep-2020 / 14:25 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.



In the course of the third quarter the negative impact of the COVID-19 pandemic on the operating business of Klöckner & Co was further mitigated. In particular, the consistent implementation of the "Surtsey" transformation project with the associated positive digitalization and restructuring effects contributed to this. In addition, the gradual, albeit still volatile, recovery in demand in our core markets of Europe and the United States, especially in September, and the recently improved price environment had a positive effect on the operating income (EBITDA) for the third quarter. Contrary to the previous expectation of an EBITDA of €15-25 million, the Company now expects, based on preliminary calculations, a result of €30-40 million before material special effects in the third quarter.

Against the background of the again increasing COVID-19 infection rates, the uncertainty about the business expectations for the fourth quarter remains high, especially about the expected demand. However, the ongoing digitalization and the consistent cost management within the scope of the "Surtsey" project as well as the improving price development in Europe and the United States lead to an increased income expectation of €75-95 million before material special effects for the full year 2020, after a range of €50-70 million was previously assumed. Furthermore, a positive cash flow from operating activities is still expected.

The interim statement for the third quarter of 2020 will be published on November 3, 2020.

Information and Explanation of the Issuer to this News:

For the definitions of EBITDA and EBITDA before material special effects reference is made to our homepage (accessible via https://www.kloeckner.com/en/glossary.html) and/or the annual report 2019, page 273 (accessible via https://www.kloeckner.com/en/investors/publications.html).
 

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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: info@kloeckner.com
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
EQS News ID: 1136211

 
End of Announcement DGAP News Service

1136211  24-Sep-2020 CET/CEST

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Die wichtigsten Finanzdaten auf einen Blick
  2013 2014 2015 2016 2017 2018 2019 2020e
Umsatzerlöse1 6.377,61 6.503,93 6.443,63 5.730,06 6.291,56 6.790,49 6.314,72 0,00
EBITDA1,2 124,00 191,00 24,00 195,53 219,56 227,10 139,03 0,00
EBITDA-Marge3 1,94 2,94 0,37 3,41 3,49 3,34 2,20 0,00
EBIT1,4 -5,93 98,31 -350,84 85,42 129,84 141,46 1,73 0,00
EBIT-Marge5 -0,09 1,51 -5,44 1,49 2,06 2,08 0,03 0,00
Jahresüberschuss1 -90,24 22,17 -348,84 37,96 102,25 68,65 -54,88 0,00
Netto-Marge6 -1,41 0,34 -5,41 0,66 1,63 1,01 -0,87 0,00
Cashflow1,7 142,58 50,01 275,93 72,75 78,87 60,20 204,23 0,00
Ergebnis je Aktie8 -0,85 0,22 -3,48 0,37 0,96 0,66 -0,56 -0,95
Dividende8 0,00 0,20 0,00 0,20 0,30 0,30 0,00 0,00
Quelle: boersengefluester.de und Firmenangaben

  Geschäftsbericht 2019 - Kostenfrei herunterladen.  
1 in Mio. Euro; 2 EBITDA = Ergebnis vor Zinsen, Steuern und Abschreibungen; 3 EBITDA in Relation zum Umsatz; 4 EBIT = Ergebnis vor Zinsen und Steuern; 5 EBIT in Relation zum Umsatz; 6 Jahresüberschuss (-fehlbetrag) in Relation zum Umsatz; 7 Cashflow aus der gewöhnlichen Geschäftstätigkeit; 8 in Euro; Quelle: boersengefluester.de

Wirtschaftsprüfer: KPMG

INVESTOR-INFORMATIONEN
©boersengefluester.de
Klöckner & Co
WKN Kurs in € Einschätzung Börsenwert in Mio. €
KC0100 5,085 Halten 507,23
KGV 2021e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
14,13 23,20 0,647 -12,05
KBV KCV KUV EV/EBITDA
0,49 2,48 0,08 8,967
Dividende '19 in € Dividende '20e in € Div.-Rendite '19e
in %
Hauptversammlung
0,00 0,00 0,00 12.05.2021
Q1-Zahlen Q2-Zahlen Q3-Zahlen Bilanz-PK
29.04.2021 14.08.2020 03.11.2020 10.03.2021
Abstand 60Tage-Linie Abstand 200Tage-Linie Performance YtD Performance 52 Wochen
-4,88% 6,20% -19,03% -3,14%
    
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