Ad-hoc Announcements

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Klöckner & Co Aktiengesellschaft intends to sell its Canadian subsidiary Namasco Ltd. The company today instructed an investment bank to start the sale process. more


As a result of the unsatisfactory development of certain steel prices in the third quarter, especially stainless steel, Klöckner & Co will post an EBITDA some 10% under the figure of the previous year of €395 million in the 2007 financial year, thus under the previous forecast. According to provisional figures, sales in the first nine months of the 2007 financial year were increased as planned by approximately 15% to €4.75 billion. more


The Supervisory Board and the Board of Management of Klöckner & Co AG have resolved to propose a transformation from an Aktiengesellschaft (AG – German stock corporation) into a European public limited-liability company (SE – Societas Europaea) at the Company’s Annual General Meeting next year. more

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