Publication Interim report Q2/2010

Play Image Ruehl

Analysts' and investors' conference call Interim report Q2/2010

On May 12, 2010 Gisbert Rühl, CEO/CFO informes about Klöckner & Co’s highlights and results for the second quarter of the fiscal year 2010.

Analysts-/ Investor-Presentation Interim report Q2/2010. 439 kB, PDF
Deckblatt Interim Q2/2010

Interim report Q2/2010

  • Sales volumes increased by 23.9% to 2.6 million tons compared to the first half of 2009 and in Q2 by 22.7% compared to the previous quarter
  • Sales totaling around €2.5 billion were 20.0% above the level for the previous year (Q2: €1,416 million)
  • Operating income (EBITDA) increased by €292 million to €129 million (Q2: €100 million)
  • Net income improved by €292 million to €49 million
  • Earnings per share of €0.71, compared with €– 3.74 for the same period last year
  • Net financial debt of €245 million as of June 30, 2010 compared to net cash position of €150 million at the end of 2009

Interim report Q2/2010. 289 kB, PDF
Deckblatt

Press' conference call Interim report Q2/2010

-Presentation only in german-

Press Presentation. 171 kB, PDF

Klöckner & Co Group - Key figures

Income statement Q2 2010 Q2 2009 HY1 2010 HY1 2009
Sales € million 1,416 959 2,465 2,054
Earnings before interest, taxes, depreciation and amortization (EBITDA) € million 100 -31 129 -163
Earnings before interest and taxes (EBIT) € million 78 -48 89 -197
Earnings before taxes (EBT) € million 61 -63 57 -228
Net income € million 47 -47 49 -175
Net income attributable to shareholders of Klöckner & Co SE € million 46 -48 47 -174
Earnings per share (basic) € 0.69 -1.04 0.71 -3.74
Earnings per share (diluted) € 0.69 -0.85 0.71 -3.28
Cash flow statement HY1 2010 HY1 2009
Cash flow from operating activities € million -117 468
Cash flow from investing activities € million -132 -2
Balance sheet June 30, 2010 December 31, 2009
Net working capital*) € million 1,072 637
Net financial debt € million 245 -150
Equity € million 1,208 1,123
Balance sheet total € million 3,435 2,713
Key figures Q2 2010 Q2 2009 HY1 2010 HY1 2009
Sales volumes to '000 1,448 1,053 2,627 2,121
June 30, 2010 December 31, 2009
Employees at end of period 9,492 9,032

*) Net working capital = inventories plus trade receivables less trade payables