06/08/2021, Duisburg

Operating income in the second quarter of 2021 significantly stronger than expected

Duisburg, Germany, June 8, 2021, 2:17pm – Due to the further considerable increase in steel prices in Europe and the US, Klöckner & Co SE anticipates that the operating income (EBITDA) in the second quarter of 2021 will be significantly stronger than expected. Against this background, the Company now expects an EBITDA before material special effects of €260-290 million, contrary to the previous expectation of €130-160 million.

The figures for the second quarter will be announced on August 10, 2021.

For the definitions of EBITDA and EBITDA before material special effects reference is made to our homepage (accessible via https://www.kloeckner.com/en/glossary.html) and/or the annual report 2020, p. 40 (accessible via https://www.kloeckner.com/en/investors/publications.html).

Issuer: Klöckner & Co SE, Am Silberpalais 1, 47057 Duisburg, Germany

The shares of Klöckner & Co SE are admitted to trading on the regulated market segment (Regulierter Markt) of the Frankfurt Stock Exchange (Frankfurter Wertpapierbörse) with further post-admission obligations (Prime Standard). Klöckner & Co shares are listed in the SDAX®-Index of Deutsche Börse.

ISIN: DE000KC01000; WKN: KC0100; Common Code: 025808576.

Contact person Klöckner & Co SE:

Investors

Felix Schmitz
Head of Investor Relations,
Internal Communications & Sustainability
Phone: +49 203 307-2295
Email: felix.schmitz@kloeckner.com

Press
Christian Pokropp – Press Spokesperson
Head of External Communications
Phone: +49 203 307-2050
Email: christian.pokropp@kloeckner.com

Ad-hoc Announcement 06/08/2021

You can download this Ad-hoc Announcement as PDF file.

Buy online?

Our Klöckner & Co Onlineshop