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Klöckner & Co SE
ISIN:
DE000KC01000
WKN:
KC0100
Country: Deutschland
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Primary market: Germany
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EQS NID: 1205607
Levermann Score
08 June 2021 14:17PM
Klöckner & Co SE: Operating income in the second quarter of 2021 significantly stronger than expected
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DGAP-Ad-hoc: 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.
The figures for the second quarter of 2021 will be announced on August 10, 2021. 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 2020, p. 40 (accessible via https://www.kloeckner.com/en/investors/publications.html).
08-Jun-2021 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
| 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: | 1205607 |
| End of Announcement | DGAP News Service |
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1205607 08-Jun-2021 CET/CEST
