Klöckner&Co SE: Costs sharply reduced, gross profit margin improved, but earnings in the first three months lower year-on-year due to cyclical weak demand. Second-quarter EBITDA expected to be €35 million to €45 million.
[08/05/2013] The first three months saw turnover decline by 11.4% due to very weak demand and portfolio streamlining in Europe as well as less working days in Europe and the US. Sales declined even more steeply by 16.5% due to lower price level. ...
