Klöckner & Co SE: Performance positive in North America but weak in Europe, EBITDA €45 million, further progress in implementing profitability action plan, EBITDA guidance for Q2 €50 to €60 million
[09/05/2012] Turnover and sales sharply increased in Q1 2012, primarily due to the acquisition of Macsteel Service Centers USA. At €45 million, operating income (EBITDA) was down on the strong first quarter of 2011 – which was boosted by windfall profits – but €31 million up on the preceding quarter and so within the forecast range of €40 to €50 million. ...
