26
Apr
16:00
Good prices help grow Klöckner’s first quarter profit
Klöckner & Co saw its revenues rise by 15.6% year-on-year to €1.60 billion ($1.74 billion) in the first quarter of 2017. The growth was mainly driven by prices, which the company expects to remain stable in the current quarter, the company tells Kallanish.
As a result of the improved price environment and additionally boosted by the effects of restructuring and optimisation measures, Klöckner’s operating income more than quadrupled. This…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous