A summary of the financial results of German metals distributor Kl??ckner & Co for the third quarter of 2020, ended September 30.
In brief
The company reported lower shipments for the quarter primarily due to the impact of the Covid-19 pandemic that affected all operating segments. The business in Switzerland was relatively less affected thanks to a strong reinforcing steel product line. Sales for the period were also lower, mainly due to fewer shipments. Yet the company managed to significantly improve operating results for the period. This was largely driven by the digitalization and...