Tous Actualités
Suivre
Abonner Klöckner & Co AG

Klöckner & Co AG

euro adhoc: Klöckner & Co AG
Earnings
Klöckner & Co AG: Business Development better than expected • Klöckner & Co boosts operating result by 60 percent in first half of 2008 over last year, preliminary results show

  Disclosure announcement transmitted by euro adhoc. The issuer is responsible
  for the content of this announcement.
preliminary results
07.07.2008
Duisburg, July 7, 2008 - Despite a cooling global economy, Klöckner &
Co achieved a result during the first half of 2008 that significantly
exceeds market expectations, preliminary figures show. The 
preliminary operating result (Earnings before interest, taxes, 
depreciations and amortizations; EBITDA) totals EUR310 million, about
EUR115 million above the same figure last year of EUR195 million.
The driving forces behind this increase of nearly 60 percent were 
mainly the successful transformation of price increases for steel 
products into higher gross margins and the contribution of acquired 
companies. The preliminary operating result (EBITDA) for the second 
quarter is about EUR200 million, nearly 100 percent above the 
previous year´s level of EUR103 million. For the entire year, 
Klöckner & Co expects to generate an operating result (EBITDA) that 
surpasses the present market expectation of about EUR480 million.
The company´s interim report for the second quarter and the first 
half-year 2008 will be released on August 14, 2008 on 
www.kloeckner.de.
Issuer: Klöckner & Co Aktiengesellschaft, Am Silberpalais 1, D 47057 
Duisburg ISIN: DE000KC01000; WKN: KCO0100 Listed: Amtlicher Markt / 
Prime Standard; Frankfurter Wertpapierbörse Further information can 
be obtained on the webpage of Klöckner & Co: www.kloeckner.de
end of announcement                               euro adhoc

Further inquiry note:

Peter Ringsleben - Corporate Communications
Phone: +49-203-307-2800
E-mail: peter.ringsleben@kloeckner.de

Claudia Uhlendorf - Corporate Communications
Phone: +49-203-307-2289
E-mail: claudia.uhlendorf@kloeckner.de

Claudia Nickolaus, Investor Relations
Phone: +49-203-307-2050
E-Mail: claudia.nickolaus@kloeckner.de

Branche: Metal Goods & Engineering
ISIN: DE000KC01000
WKN: KC0100
Index: MDAX, CDAX, Classic All Share, Prime All Share
Börsen: Börse Frankfurt / regulated dealing/prime standard
Börse Berlin / free trade
Börse Hamburg / free trade
Börse Stuttgart / free trade
Börse Düsseldorf / free trade
Börse München / free trade

Plus de actualités: Klöckner & Co AG
Plus de actualités: Klöckner & Co AG
  • 20.06.2008 – 07:32

    Klöckner & Co: Second Annual General Meeting since IPO

    • Forecast for current fiscal year to be raised • Conversion into European company (SE) • Stable dividend ots.CorporateNews transmitted by euro adhoc. The issuer is responsible for the content of this announcement. stock market/Annual General Meeting Duisburg (euro adhoc) - Duisburg, June 20, 2008 - At today´s Annual General Meeting of Klöckner & Co AG, the Chairman of the Management Board, Dr. Thomas ...

  • 15.05.2008 – 07:29

    Very sound start into the financial year 2008

    • Sales volumes and sales up considerably • Earnings improvement of over 18% • Continuation of expansion strategy and focus on the core business • Positive outlook on financial year 2008 ots.CorporateNews transmitted by euro adhoc. The issuer is responsible for the content of this announcement. balance Duisburg (euro adhoc) - Duisburg - May 15, 2008 - In the first quarter of 2008, the Klöckner & Co Group ...

  • 04.04.2008 – 07:34

    Klöckner & Co - acquisition of Temtco Steel in the US

    • Second large acquisition closed by the company in the US • Acquisition of a leading distributor of specialty plate products ots.CorporateNews transmitted by euro adhoc. The issuer is responsible for the content of this announcement. merger, acquisition and takeover Duisburg (euro adhoc) - Duisburg, April 4, 2008 - Via its US operating subsidiary - Namasco Corporation headquartered in Atlanta, Georgia - ...