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Klöckner & Co (KCO) investor relations material
Klöckner & Co Kepler Cheuvreux German Investment Seminar 2026 presentation summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Company overview and strategic direction
Operates from Düsseldorf with 120 locations, serving over 60,000 customers mainly in North America and Europe, and employs around 6,500 people.
Achieved €6,623 million in revenue and €136 million EBITDA in FY 2024, focusing on higher value-added business (HVAB) for profitability and stability.
Strategic shift towards service center and metal processing, reducing exposure to steel price volatility and commodity cycles.
SBTI-approved net zero carbon targets, embedding sustainability into operations and product offerings under the Nexigen® brand.
Global network with a strong customer focus, leveraging digitalization and automation for operational excellence.
Strategic initiatives and business transformation
Expanding HVAB and service center business to increase profitability and reduce volatility, with longer-term contracts and higher barriers to entry.
Divested low-margin distribution sites in the US and Europe, reallocating capital to higher-growth, higher-margin segments.
Acquired NMM, IMS, Sol Components, Amerinox, and Ambo-Stahl to strengthen manufacturing and processing capabilities.
Enhanced presence in defense, infrastructure, and advanced manufacturing sectors in both Europe and North America.
Invested in new facilities for electrical steel, aluminum processing, and building installation value chains to capture growth in energy, automotive, and construction markets.
Financial performance and outlook
Q3 2025 shipments rose 1.9% YoY, but sales declined 2.2% due to lower average prices; gross profit increased 12.9% YoY.
Q3 2025 EBITDA before special effects was €43m, more than doubling YoY; negative operating cash flow due to temporary net working capital increase.
Net financial debt increased to €1,003m by September 2025, with a leverage ratio of 5.5x and equity ratio of 44%.
FY 2025 EBITDA before special effects expected between €170–240m, with a significantly positive operating cash flow anticipated.
Dividend policy targets 30% of net income before special items, with recent payouts of €0.20 per share for 2023 and 2024.
- TimeTickerHeadlineOpen
- 6 FebJ
Strong growth, digital innovation, and margin expansion drive robust multi-year financial outlook. - 6 Feb004020
Operating profit rose on cost savings and high-value sales, with major US expansion underway. - 6 FebJOUT
Net sales up 31%, gross margin at 36.6%, and net loss narrowed to $3.3 million. - 6 FebPECO
Record 2025 occupancy and 7% Core FFO growth; 2026 targets 5.5% FFO growth and strong acquisitions. - 6 FebPROV
Q2 FY2026 net income rose 65% year-over-year, with higher margins and strong credit quality. - 6 FebNVDA
AI-driven digital twins and accelerated computing are set to revolutionize industrial design and manufacturing. - 6 FebCDP
2025 FFO/share rose 5.8% to $2.72, with strong leasing and investment; 2026 guidance signals more growth. - 6 FebCRI
Q1 2025 saw record revenue, a return to profit, and major new contracts in space technology. - 6 FebCRI
Net loss widened to 7.5m PLN in H1 2024 as revenue fell and R&D costs remained high. - 6 FebCRI
Net loss deepened on lower sales and higher costs, but major new contracts and restructuring are underway.
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