Germany’s Klöckner extends optimisation plan after significant drop in Q2 earnings

German metals distributor Klöckner has expanded its workplace optimisation programme after reporting a significant decline in earnings in the second quarter of 2015, the company said on Thursday August 6.

Klöckner’s earnings before interest, tax, depreciation and amortisation (Ebitda) fell from €58 million ($63 million) in the second quarter of 2014 to €17 million ($18.5 million) loss over the same...


Maria Tanatar

August 06, 2015

15:30 GMT