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17 Feb
16:48

Klöckner surpasses expectations, emphasises future for green steel

Klöckner & Co expects first-quarter-of-2022 Ebitda to be significantly above the current market expectation, it says in an ad-hoc release. The German-based distribution group now expects an operating income – Ebitda before material special effects – of €130-180 million ($148-205m) for Q1, versus €130m in Q1 2021. In 2021 it achieved its best full-year operating income since its IPO in 2006, according to preliminary figures, amounting…
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