Brief: Kloeckner Q2 Net Result At EUR 151 Million

Kloeckner & Co SE

03/08/2022 06:00

Aug 3 (Reuters) - KLOECKNER & CO SE  KCOGn.DE :
    * H1 REVENUE AT EUR 5.02 BILLION
    * H1 EBT AT EUR 404 MILLION
    * H1 EBITDA AT EUR 477 MILLION
    * H1 NET RESULT AT EUR 323 MILLION
    * Q2 REVENUE AT EUR 2.58 BILLION
    * Q2 EBITDA AT EUR 223 MILLION
    * H1 EBIT AT EUR 415 MILLION
    * Q2 EBIT AT EUR 191 MILLION
    * Q2 NET RESULT AT EUR 151 MILLION
    * OUTLOOK : DUE TO THE ANTICIPATED HIGHER AVERAGE STEEL
PRICE
LEVEL, KLÖCKNER & CO EXPECTS A SIGNIFICANT INCREASE IN SALES FOR
THE FULL YEAR 2022
    * Q2 EBT AT EUR 188 MILLION
    * OUTLOOK : AGAINST THIS BACKGROUND AND THE CHALLENGING
ENVIRONMENT, THE COMPANY IS FORECASTING FOR Q3 AN OPERATING
PROFIT (EBITDA) BEFORE MAJOR NONRECURRING ITEMS OF EUR 50
MILLION TO EUR 100 MILLION

Further company coverage:  KCOGn.DE 

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