Klöckner&CoSE reported significant earnings growth in Q1 2016 compared to Q1 2015. Net income increased from €-21.5 million to €-13.7 million, shipments increased, and operating measures and digitalization advances helped drive improved financial results. Total assets were €2.83 billion as of March 31, 2016, up slightly from €2.84 billion on December 31, 2015. Cash flow from operating activities also increased substantially to €5.2 million in Q1 2016 compared to €-110.9 million in Q1 2015.