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26 Apr
15:30

Klöckner makes sound start to 2018

Germany’s Klöckner & Co has reported price-driven sales growth of 1.6% to €1.6 billion ($1.9 billion) in the first quarter of 2018, Kallanish learns from the steel distribution group. In a positive overall market environment, the group expects significantly higher Ebitda than in Q1 2018 of €65-75 million for Q2 2018. Due to the increase in steel demand and internal optimisation measures, operating income for the full year is now expected…
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