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Kloeckner & Co SE (KCOGn.DE)

KCOGn.DE on Xetra

9.09EUR
21 Aug 2018
Change (% chg)

€0.10 (+1.17%)
Prev Close
€8.98
Open
€8.95
Day's High
€9.14
Day's Low
€8.90
Volume
197,290
Avg. Vol
530,278
52-wk High
€11.84
52-wk Low
€8.70

Latest Key Developments (Source: Significant Developments)

Kloeckner & Co Says Not Seeing Rising Imports To Europe
Wednesday, 16 May 2018 

May 16 (Reuters) - Kloeckner & Co Se ::CEO SAYS SO FAR NOT SEEING RISING STEEL IMPORTS TO EUROPE DUE TO U.S. STEEL TARIFFS.CEO REITERATES WOULD LOOK AT THYSSEN'S MATERIAL SERVICES UNIT IF IT CAME TO MARKET.CEO SAYS COULD NOT DO SUCH A DEAL ALONE AS WOULD BE TOO BIG AND RISKY FOR US.  Full Article

Kloeckner & Co confirms would look at Thyssenkrupp Materials Services
Wednesday, 28 Feb 2018 

Feb 28 (Reuters) - Kloeckner & Co ::CEO SAYS WILL CERTAINLY TAKE A LOOK AT THYSSENKRUPP <<>> MATERIALS SERVICES UNIT IF IT IS BEING PUT UP FOR SALE.CEO SAYS TO OUR KNOWLEDGE THYSSENKRUPP MATERIALS SERVICES UNIT NOT FOR SALE CURRENTLY.  Full Article

Kloeckner Sees Q1 EBITDA At 45-55 Mln Euros - Presentation
Wednesday, 28 Feb 2018 

Feb 28 (Reuters) - Kloeckner & Co in presentation slides::Q1 EBITDA EXPECTED AT 45-55 MILLION EUROS .  Full Article

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

Klöckner & Co invests in technology startup BigRep
Friday, 21 Apr 2017 

April 21 (Reuters) - Kloeckner & Co SE ::Invests in technology startup BigRep.Alongside financial investment, Klöckner & Co plans to use BigRep's industrial 3D printers in its extensive european and US site network going forward.This market segment has a promising outlook, with an annual growth rate of around 20 percent expected by 2020.  Full Article

Kloeckner CEO says 2017 guidance has upward potential
Wednesday, 1 Mar 2017 

Kloeckner & Co CEO : Says forecast for 2017 is conservative, has potential upward . Says steel prices rose 80 percent in Europe, 40 percent in United States, returning to level of early 2015 . Says not in any concrete talks over a consolidation in steel trading . Says aims to pay dividend of at least 0.20 eurper share for 2017 Further company coverage: [KCOGn.DE] ((frankfurt.newsroom@thomsonreuters.com; +49 69 7565 1270;)).  Full Article

Kloeckner & Co FY EBITDA at five-year high of 196 mln euros
Wednesday, 1 Mar 2017 

Kloeckner & Co SE : Dividend 0.20 euros per share . FY operating income (EBITDA) at five-year high of 196 million euros ($206.88 million) . FY net income once again positive at 38 million euros after loss in previous year . Further growth in operating income forecast for current year . Kloeckner & Co SE - for current fiscal year, Kloeckner & Co expects a slight rise in real steel demand in both primary sales markets, Europe and USA . FY sales declined by 11.1%, from 6,444 million euros to 5,730 million euros . Sales in Klöckner & co group are projected to grow slightly more strongly than demand . Steel prices were lower on average but rose over course of year. This had a negative effect on sales but a positive effect on earnings . Kloeckner & co se - current fy operating income (EBITDA) is also forecast to increase slightly, buoyed by further optimization measures .Kloeckner - higher steel prices at beginning of year should lead to very substantial growth in Q1 with EBITDA between 65 million and 75 million euros.  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