sector: Basic Materials ·
industry: Steel ·
As of
3:20pm IST
16.37EUR
Kloeckner & Co SE is a Germany-based company engaged in the metal distribution in the European and North American markets. The Company is focused on the distribution of steel products, including long products such as steel girders, flat products such as sheet steel, hollow sections, stainless and quality steel, as well as aluminum products and special products such as plastics, ironware and accessories. It also offers services, including cutting and splitting steel strip, cutting to length, flame-cutting and surface treatments. The clients of the Kloeckner & Co SE represent numerous sectors, mainly in the construction, machinery and plant engineering industries. Kloeckner & Co SE is the parent company of the Kloeckner & Co Group. As of December 31, 2008, the Company was represented in 15 countries worldwide through its numerous subsidiaries. Its products and services are available through more than 260 sites in Europe and North America.
BRIEF: For the nine months ended 30 September 2009, Kloeckner & Co SE's total revenue decreased 47% to EUR3.02B. Net loss for the period totaled EUR197.4M, vs. a profit of EUR524.5M. Total revenue reflects a significant decrease in demand for the Company's products and services in all of the geographic divisions due to unfavorable market conditions. Net loss for the period reflects deteriorated operating margin.
Kloeckner & Co SE
Am Silberpalais 1
Duisburg 47057
P: +49203.3072050
F: +49203.3075025