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Kloeckner & Co SE
Earnings Release • Feb 18, 2019
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Earnings Release
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News Details
Ad-hoc | 18 February 2019 15:17
Klöckner & Co SE: Guidance for the first quarter – operating income (EBITDA) for the first quarter as expected significantly below prior year
Klöckner & Co SE / Key word(s): Forecast
Klöckner & Co SE: Guidance for the first quarter – operating income (EBITDA) for the first quarter as expected significantly below prior year
18-Feb-2019 / 15:17 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP – a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
Klöckner & Co SE is currently expecting to achieve an operating income (EBITDA) of between EUR20 and EUR30 million for the first quarter which would be significantly below the prior year figure.
Given the early point of time in the current fiscal year and due to the not yet determined consideration of the IFRS 16 (Leases) effects by the market, a market expectation for the first quarter can in our view not be precisely assessed.
The guidance for the fiscal year 2019 will be announced together with the results for the fiscal year 2018 on March 12, 2019.
Information and Explanation of the Issuer to this News:
For the definition of EBITDA and IFRS reference is made to our homepage and the financial report 2017.
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 (R) -Index of Deutsche Börse.
ISIN: DE000KC01000; WKN: KC0100; Common Code: 025808576.
Contact person Klöckner & Co SE:
Investors
Christina Kolbeck
Head of Investor Relations & Sustainability
Phone: +49 203 3072122
Email: [email protected]
Press
Christian Pokropp – Press Spokesperson
Head of Corporate Communications
Phone: +49 203 3072050
Email: [email protected]
18-Feb-2019 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de
| Language: | English |
| Company: | Klöckner & Co SE |
| Am Silberpalais 1 | |
| 47057 Duisburg | |
| Germany | |
| Phone: | +49 (0)203 / 307-0 |
| Fax: | +49 (0)203 / 307-5000 |
| E-mail: | [email protected] |
| Internet: | www.kloeckner.com |
| ISIN: | DE000KC01000 |
| WKN: | KC0100 |
| Indices: | SDAX |
| Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange |
| End of Announcement | DGAP News Service |