Kloeckner & Co. SE

KCO

Equity

ISIN DE000KC01000 / Valor 2597667

Xetra (2024-12-23)

EUR 4.45-1.44%

Kloeckner & Co. SE
UMushroom community rating:

0.00 0 votes No rating yet

NegativeNeutralPositive

About company

Kloeckner & Co SE is a global player in the steel and metal distribution industry, offering a comprehensive range of products and services. The company's portfolio spans from flat and long steel products to tubes, hollow sections, stainless steel, high-grade steel, and aluminum products, including CO2-reduced options. Kloeckner & Co distinguishes itself through its extensive services that cover warehousing, logistics, materials management, and processing up to installation-ready components. It operates as a producer-independent distributor, which allows it to source products globally and maintain competitive pricing. The company's expertise extends to various processing techniques such as coil processing, CNC turning/milling, laser cutting, and surface treatment, among others. Kloeckner & Co is committed to delivering just-in-time services and leverages Industry 4.0 technologies to enhance the efficiency of order and delivery processes. With a broad international network, the company serves both large corporations and regional businesses, emphasizing long-term partnerships and high-quality standards across its operations.

Summarized from source with an LLMView SourceSector: Energy

Revenue

Kloeckner & Co. SE reported a revenue of €3.5 billion for the first half of 2024, which is a slight decrease of 2.6% compared to the same period in 2023. This decline is primarily attributed to price adjustments in the market.

Sales Volume

In the second quarter of 2024, Kloeckner & Co. SE achieved a significant increase in sales volume, reaching 1.2 million tons, up by 11.5% from 1.0 million tons in Q2 2023. For the first half of 2024, the sales volume rose by 8.1% to 2.3 million tons compared to the first half of 2023.

EBITDA

The company's EBITDA before significant special effects for the first half of 2024 was €83 million, down from €130 million in the first half of 2023. Despite the challenging macroeconomic environment, Kloeckner & Co. SE managed to maintain a solid EBITDA of €42 million in Q2 2024.

Net Income

Kloeckner & Co. SE reported a net loss of €23 million for the second quarter of 2024, compared to a net income of €12 million in Q2 2023. For the first half of 2024, the net loss was €55 million, a significant decline from a net income of €4 million in the first half of 2023.

Cash Flow

The company generated a positive cash flow from operating activities amounting to €61 million in the second quarter of 2024, an improvement from €33 million in Q2 2023. However, for the first half of 2024, the cash flow from operating activities was €18 million, down from €79 million in the first half of 2023.

Summarized from source with an LLMView Source

Key figures

-35.4%1Y

-57.7%3Y

-29.6%5Y

Performance

26.5%1Y

35.4%3Y

43.0%5Y

Volatility