Klöckner & Co (KCO) Investor presentation summary

Company overview and market position

• Operates over 110 locations worldwide with approximately 6,500 employees and serves more than 60,000 customers, offering around 154,000 products.

• Achieved €6,380M in sales and delivered 4,528Tto in 2025, with EBITDA of €171M before special effects.

• North America accounts for 59% of sales, with significant presence in Germany/Austria (23%) and Switzerland (16%).

• Holds an 8% market share in Europe and 7% in North America among key competitors.

Strategic direction and transformation

• Pursuing the "Step Up 2030" strategy focused on higher value-added business, service center growth, and customer centricity.

• Aims to become the leading service center and metal processor in North America and Europe by 2030, targeting above-market sales growth and EBITDA margin >5%.

• Reduced distribution sales exposure from 37% to 14% over six years, shifting toward higher value-added and service center business.

• Recent actions include acquisitions in North America and Switzerland, divestments in Brazil and low-margin European/US distribution, and facility upgrades.

Sustainability and innovation

• Sustainability is central, with the Nexigen® brand offering transparent, CO₂-reduced steel, stainless, and aluminum solutions.

• Developed a certified PCF algorithm for individualized product carbon footprints, supporting legal compliance and customer transparency.

• Net zero carbon targets approved by SBTi: 62.5% reduction in Scope 1 & 2 by 2030 (net zero by 2040), 50% reduction in Scope 3 under direct influence by 2030.

• Nexigen® categorization enables customers to assess carbon emissions for steel, stainless, and aluminum products.