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Last €9.07 EUR
Change Today +0.017 / 0.19%
Volume 30.7K
KCO On Other Exchanges
Symbol
Exchange
OTC US
As of 3:31 AM 03/31/15 All times are local (Market data is delayed by at least 15 minutes).

kloeckner & co se (KCO) Snapshot

Open
€9.04
Previous Close
€9.05
Day High
€9.09
Day Low
€8.99
52 Week High
05/13/14 - €12.88
52 Week Low
12/16/14 - €8.19
Market Cap
905.7M
Average Volume 10 Days
861.2K
EPS TTM
€0.22
Shares Outstanding
99.8M
EX-Date
05/13/15
P/E TM
40.5x
Dividend
€0.20
Dividend Yield
--
Current Stock Chart for KLOECKNER & CO SE (KCO)

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kloeckner & co se (KCO) Details

Klöckner & Co SE, through its subsidiaries, engages in the distribution and service of steel and metal products. The company operates through Europe and Americas segments. Its product portfolio comprises special profiles; sheets for shipbuilding and machinery engineering; tubes and hollow sections, such as precision steel and heavy wall tubes; steel bars for machinery engineering; sectional steel for mechanical engineering; and special products, including plastics, ironware, and accessories, as well as products for building services, plumbing, roof and wall construction, and water supply. The company also offers services, such as cutting and splitting of steel strips, cutting to length, flame cutting, CNC turning/milling, and surface treatment. In addition, it provides consulting, procurement, warehousing, processing, and distribution services. The company serves small to medium-sized steel and metal consumers from the construction, machinery, and mechanical engineering industries; and supplies intermediate products for the automotive, shipbuilding, and consumer goods industries. Klöckner & Co SE was founded in 1906 and is headquartered in Duisburg, Germany.

9,740 Employees
Last Reported Date: 03/5/15
Founded in 1906

kloeckner & co se (KCO) Top Compensated Officers

Chairman of Management Board and Chief Execut...
Total Annual Compensation: €1.3M
Chief Financial Officer and Member of the Man...
Total Annual Compensation: €780.0K
Member of Management Board
Total Annual Compensation: €922.0K
Member of Management Board
Total Annual Compensation: €780.0K
Compensation as of Fiscal Year 2014.

kloeckner & co se (KCO) Key Developments

Klöckner & Co Se Proposes Dividend for Fiscal Year 2014, Payable on May 13, 2015

The Management Board and the Supervisory Board of Klöckner & Co SE propose that the balance sheet profit of the company for fiscal year 2014 in the amount of EUR 19,950,000­ shall in full be distributed to the shareholders as dividend. Given 99,750,000 shares vested with dividend rights, this amount corresponds to a distribution of EUR 0.20 per share. The dividend will likely be paid on May 13, 2015.

Klöckner & Co Se Reports Earnings Results for the Year 2014; Provides Earnings Guidance for the Year 2015

Klöckner & Co SE reported earnings results for the year 2014. For the year, the company reported sales rose by 2.0% to some EUR 6.5 billion in fiscal year 2014. Due to the lower price level in Europe, sales did not increase quite as strongly as shipments (up 2.4% to around 6.6 million tons). Sharper focus on higher-margin business made gross profit margin rise from 18.6% to 19.4%. Driven mainly by contributions totaling EUR 52 million from the KCO 6.0 and KCO WIN restructuring and optimization programs, operating income (EBITDA) went up by 53.3%, from EUR 124 million to EUR 191 million. The improvement in net income was even more substantial. Net income was back in positive figures at EUR 22 million, compared with a loss of EUR 90 million in the prior-year period. Earnings per share improved accordingly from a negative EUR 0.85 to a positive EUR 0.22. Net income went up even more because of lower financing costs and lower depreciation. Cash flow of-from operating activities was again, relatively good with EUR 50 million in the year 2014. Besides net CapEx, which was EUR 50 million, investing activity include the Riedo acquisition with EUR 82 million. Consequently, net debt increased from EUR 325 million to EUR 472 million. This sounds high, but the company announced that need to see the following: this was also impacted by the settlement of a hedging instrument. Net debt on a like-for-like basis was EUR 360 million. The company is fundamentally optimistic about global economic growth going forward and about the course of business in 2015, even though major macroeconomic and geopolitical uncertainties remain. The company anticipates only a slight increase in sales this year. Like-for-like operating income (EBITDA) is expected to be significantly down on the prior-year quarter in the first quarter of 2015, at EUR 15 million to EUR 25 million, due to a sharp drop in steel prices in the USA, pressure on margins from exchange rates and potential inventory write-downs in Switzerland as well as a continued slowdown in construction activity in France. Despite this, the company expects a further increase in EBITDA for the full year; this outlook does not include any effects of envisaged restructuring measures in France.

Klöckner & Co SE Proposes Dividend for the Year 2014

Klöckner & Co SE announced that its management board proposed the payment of a dividend of EUR 0.20 per share for the year 2014.

 

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Industry Analysis

KCO

Industry Average

Valuation KCO Industry Range
Price/Earnings 36.8x
Price/Sales 0.1x
Price/Book 0.6x
Price/Cash Flow 7.1x
TEV/Sales NM Not Meaningful
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