DUISBURG (dpa-AFX) - Klöckner & Co (KCO) announced, for fiscal 2019, the company continues to project EBITDA between 180 million euros and 200 million euros before material special effects of around 30 million euros. The company said negative price and volume effects will dominate its earnings development in 2019.
For the second-quarter, Klöckner & Co expects reported EBITDA between 50 million euros and 60 million euros. The company currently anticipates seasonally higher sales and shipments, for the quarter.
Regarding the implementation of the company's strategy of 'Klöckner & Co 2022', Klöckner said it is seeing progress in all areas.
Copyright RTT News/dpa-AFX