Klöckner and Co. SE (KCO.DE) Wednesday said that its net loss narrowed in the fourth quarter, helped by higher number of shipments. While sales fell 23 percent, the company also provided outlook for the year ahead.
The German steel and metal distributor posted fourth quarter net loss attributable to shareholders of Klöckner & Co SE of 14 million euros or 0.15 euros per share, compared to net loss of 92 million euros or 0.92 euros per share in the same period last year.
Quarterly sales declined 23 percent to 1.46 billion euros from 1.48 billion euros in the same period last year.
The company's EBITDA rose 18 percent to 34 million euros from 16 million euros in the year-ago quarter. EBITDA margin for the period grew to 2.4 percent from 1.1 percent in the fourth quarter of 2024.
Looking ahead, the company expects a year-over-year improvement in EBITDA before material special effects. In the first quarter of 2026, EBITDA before material special effects is expected to be between 20 million euros and 60 million euros.
On the XETRA Exchange, KCO.DE ended Tuesday's trading at 11.62 euros, up 5.1 percent.
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