Germany’s Klöckner sees earnings drop by 54% in Q3

German metal distributor Klöckner saw its earnings decline by 54% year-on-year in the third quarter of 2015, the company said on Tuesday November 3.

Klöckner’s earnings before interest, taxes, depreciation and amortisation (Ebitda) stood at €28 million ($31 million) in July-September this year. Ebitda before restructuring expenses in the third quarter of 2015 was...


Maria Tanatar

November 03, 2015

15:50 GMT