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Kloeckner & Co SE (KCOGn.DE)

KCOGn.DE on Xetra

10.11EUR
5:40pm IST
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€0.04 (+0.40%)
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€10.07
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€10.14
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€10.02
Volume
43,392
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567,054
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€13.10
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Latest Key Developments (Source: Significant Developments)

Kloeckner Says Supervisory Board Appoints Jens Michael Wegmann As Chief Operating Officer
Monday, 27 Nov 2017 

Nov 27 (Reuters) - KLOECKNER & CO SE ::DGAP-NEWS: KLÖCKNER & CO SE: SUPERVISORY BOARD APPOINTS JENS MICHAEL WEGMANN AS CHIEF OPERATING OFFICER.‍ WEGMANN WILL TAKE NEWLY CREATED POSITION AS CHIEF OPERATING OFFICER (COO) AS OF DECEMBER 1, 2017​.  Full Article

Kloeckner & Co builds service center in North Rhine-Westphalia
Thursday, 22 Sep 2016 

Kloeckner & Co SE : Kloeckner & Co gives go-ahead for phase 2 of major investment in aluminum processing .Plant is expected to reach its full 80,000 ton-per- year aluminum processing capacity in 2018.  Full Article

Kloeckner & Co prices convertible bond
Thursday, 1 Sep 2016 

Kloeckner & Co Se : Says convertible bond with coupon of 2.00% p.a. And 7 years maturity . Says conversion price set at eur 14.82 / premium of 27.5% . Says proceeds of eur 147.8 million for general corporate purposes .Says successful placement of eur 147.8 million unsubordinated unsecured convertible bonds.  Full Article

Kloeckner & Co launches offer of approx. 150 million euros convertible bonds
Thursday, 1 Sep 2016 

Kloeckner & Co SE : Launches offer of approx. 150 million euros ($167.15 million) guaranteed senior unsecured convertible bonds due 2023 convertible into shares of Kloeckner & Co . Intends to use proceeds from issue of bonds for general corporate purposes . Offering size will be approximately 150 million euros with up to 9.98 million shares underlying bonds .Coupon is expected to be between 1.75 pct and 2.50 pct per annum.  Full Article

Kloeckner says U.S. sheet steel prices could fall 15 pct
Thursday, 4 Aug 2016 

Kloeckner & Co : CEO affirms aims to pay dividend for 2016 . CEO says to cut about 100 jobs as part of new savings programme . Says no closures planned as part of new savings programme . Says steel prices have risen by about 25 pct since trough in mid-2015 . Says prices for sheet steel in the U.S. could fall by 15 pct by yr-endFurther company coverage: [KCOGn.DE] ((frankfurt.newsroom@thomsonreuters.com; +49 69 7565 1270;)).  Full Article

Kloeckner & Co expects Q2 EBITDA of about 70 million euros
Monday, 11 Jul 2016 

Kloeckner & Co SE : Significant increase in earnings in the second quarter . Operating income (EBITDA) for Q2 is now expected to be in order of around 70 million euros ($77.21 million) . Increase of EBITDA compared to previous year's figure is expected for Q3 as well, despite current consolidation of steel prices .Also for year as a whole, expectation of a considerable increase in EBITDA compared to previous year's figure adjusted for restructuring expenses is confirmed.  Full Article

Kloeckner & Co SE confirms outlook for FY 2016
Wednesday, 4 May 2016 

Kloeckner & Co SE:Positive outlook for the second quarter; full-year 2016 earnings targets confirmed.  Full Article

Kloeckner & Co SE issues FY 2016 outlook in line with analysts' estimates
Tuesday, 1 Mar 2016 

Kloeckner & Co SE:Sees slight dip in sales, significant increase in EBITDA and marginally positive net profit in 2016.FY 2016 revenue 6,384 million euros - Thomson Reuters I/B/E/S.FY 2016 EBITDA 146.84 million euros - Thomson Reuters I/B/E/S.FY 2016 net income 12.63 million euros - Thomson Reuters I/B/E/S.  Full Article

Loh's holding in Kloeckner & Co SE rises above 25 pct - Reuters
Tuesday, 9 Feb 2016 

Kloeckner & Co SE:Friedhelm Loh raises his stake in Kloeckner & Co above 25 percent with the aim of influencing the company's strategy - Reuters.Loh said he intended to exert influence on the appointment of Kloeckner's management and administrative and supervisory bodies with a stake now at 25.25 percent, up from 20.2 percent.  Full Article