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29 Jul
15:12

Klöckner expects strongest annual profit in 15 years

Klöckner & Co generated record Ebitda in the first half of the 2021 financial year of €401 million ($477m), according to preliminary figures. For the third quarter, too, the German-based steel distribution group says it expects operating income to be significantly stronger “than previously expected by the market”. In an ad-hoc release, it gives a range of €200-230m for Q3. The group keeps cashing in on the continued positive dynamic…
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