Annual Report

The report describes Klöckner & Co's difficult 2012 steel-market environment, with sales up 4.1% to €7.4 billion and EBITDA before restructuring at €139 million. It reports expanded European restructuring, including plans to cut around 1,800 jobs and close or sell around 60 locations, alongside growth in the United States. Sustainability highlights include a Group-wide sustainability management system covering employees, the environment, the value chain, and corporate citizenship; the company also reported emissions data to CDP for the fourth time.