23
Jun
14:55
Klöckner performs better than feared in second quarter
The negative impact of the Covid-19 pandemic on shipments and operating income at Klöckner & Co in the second quarter was mitigated more than expected. This was supported by the advanced digitalisation of the company.
Compared with the previous forecast of a negative operating income, the distribution group now expects to break even, or post positive Ebitda of up to €10 million ($11m) before material special effects. On its advanced digitalisation, K…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous