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03 Nov
15:22

Klöckner enjoys rising revenue, profit

Klöckner & Co again lifted earnings in the third quarter, to the upper end of the already improved forecast it issued in late September. The steel distribution group’s Ebitda in the reporting period was €277 million ($321m). In late September, it gave the range of €260-280m, up from €200-230m predicted earlier. For the full-year 2021 the German-based company has stuck to its forecast of achieving Ebitda before material special effects…
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