Klöckner & Co SE announces best quarterly results for six years
(WorldNews Germany)

Operating income (EBITDA), at 77 Mio. EUR, slightly above guidance range of EUR65 million to EUR75 million Sales via digital channels increased from 12% in the fourth quarter of 2016 to 14% in the first quarter of 2017 Very robust earnings trend sustained with EBITDA guidance of EUR0 million to EUR0 million for second quarter Duisburg, April 26, 2017 - Klöckner & Co reports substantial, mainly price-driven sales growth of 15.6% to EUR1.6 billion in the first quarter of 2017. As a result of the improved price environment and additionally boosted by the effects of restructuring and optimization measures, operating income (EBITDA) more than quadrupled, from EUR16 million in the prior-year period to EUR77...