German distributor Klöckner sees huge rise in Q2 earnings

German metals distributor Klöckner announced a significant increase in second-quarter earnings in 2016, the company said on July 11.

Klöckner’s earnings before interest, tax, depreciation and amortisation (Ebitda) grew to €70 million ($91 million) in the second quarter, up from a loss of €17 million ($22 million) over...


Maria Tanatar

July 12, 2016

11:03 GMT