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In this news category you will find information from and about companies, organizations, institutions, products of all kinds and in a broad spectrum. To get a quick overview of current trends and developments, it's worth visiting daily.
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Thu, 14.11.2024
Klöckner & Co SE
Important step in implementing Klöckner & Co's strategy of expanding its higher value-added product and service portfolio along the value chain for customers
Investment will accelerate the growth of the company’s automotive and industrial segments in the important growth markets US and Mexico
New aluminum flat-rolled processing facility on th [ … ]
Wed, 06.11.2024
Klöckner & Co SE
Shipments of 3.4 million tons in first nine months of 2024, considerably above the prior-year period (+6.3%), largely driven by acquisitions in Mexico and the US completed in second half of 2023
Sales of €5.1 billion in first nine months of 2024, slightly down due to lower prices (–3.8%)
Operating income (EBITDA) of €104 million before material s [ … ]
Mon, 04.11.2024
Klöckner & Co SE
Klöckner & Co receives the German Sustainability Award (DNP) for the second time and is honored with the DNP Company Award for the Chemicals and Materials Wholesale sector
The jury recognized Klöckner & Co as a “beacon” of transformation within its industry
With the Nexigen® brand, Klöckner & Co focuses on innovative and transparent C [ … ]
Thu, 01.08.2024
Klöckner & Co SE
At 2.3 million tons, shipments in the first half of 2024 were considerably higher than in the same period of the previous year (+8.1%)
Sales in HY1 2024 reached €3.5 billion and are slightly down compared to the same period of the previous year
(–2.6%) due to lower prices
Operating income (EBITDA) before material special effects in HY1 2024 was [ … ]
Wed, 12.06.2024
Klöckner & Co SE
“Nexigen® – Green Steel” takes first place in the “Supply chain” category
High-profile jury recognizes the establishment of transparency regarding the carbon footprint of products as added value for the industry as well as for other sectors
A total of around 350 nominations in 28 categories
Duisburg, Germany, June 12, 2024 – Yesterday, Klöckner & [ … ]
Tue, 07.05.2024
Klöckner & Co SE
Shipments of 1.1 million metric tons slightly up on prior-year quarter (+5%) and considerably higher than preceding quarter (+11%)
Sales down to €1.7 billion compared to the same quarter of the previous year due to price movements (Q1 2023: €1.8 billion)
Operating income (EBITDA) before material special effects of €42 million considerably higher [ … ]
Wed, 13.03.2024
Klöckner & Co SE
Solid operating income (EBITDA) before material special effects of €190 million (2022: €355 million)
Strong and significantly positive operating cash flow of €287 million (2022: €360 million) due to consistent net working capital management
Price-driven year-on-year decline in sales to €7.0 billion (2022: €8.3 billion)
Leading position in North [ … ]
Thu, 07.03.2024
Klöckner & Co SE
Sale of country organizations in France, the United Kingdom, the Netherlands and Belgium to Hierros Añon S.A.
Transaction strengthens focus on higher value-added business while reducing exposure to volatile and low-margin commodity distribution business
Major milestone in portfolio optimization, with future growth focused on Germany, Austria, Swi [ … ]
Tue, 05.03.2024
Klöckner & Co SE
Ute Wolf will resign from the Supervisory Board at the end of the next Annual General Meeting
The Supervisory Board will propose to the Annual General Meeting to elect Dagmar Steinert, who is also designated to become a member of the Audit Committee
Uwe Röhrhoff will be the Chairman of the Audit Committee
Duisburg, Germany, March 5, 2024 – Ms. Ut [ … ]
Tue, 27.02.2024
Klöckner & Co SE
Klöckner & Co becomes GEA’s first supplier of CO2-reduced stainless steel
Delivery of first batches of CO2-reduced stainless steel to the GEA production site in Bönen (North Rhine-Westphalia, Germany)
The carbon footprint of the stainless steel is around 90% lower than conventional material; the product corresponds to the “Pro” category in t [ … ]