KLÖCKNER & CO SE
DGAP-Ad-hoc: Klöckner & Co SE / Key word(s): Preliminary Results 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. 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: christina.kolbeck@kloeckner.com Press Christian Pokropp - Press Spokesperson Head of Corporate Communications Phone: +49 203 3072050 Email: christian.pokropp@kloeckner.com
09-Jul-2018 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 |
| End of Announcement | DGAP News Service |
702669 09-Jul-2018 CET/CEST
