March 11 (Reuters) - German steel distributor Kloeckner

saw its sales slip to 6.38 billion euros ($7.42

billion) last year compared to 6.63 billion euros in 2024, as

price and currency effects took a toll.

The company, which serves mainly small and medium-sized

steel and metal consumers, is the subject of a $2.4 billion

takeover offer by U.S.-based Worthington Steel ( WS ) in a deal that

would create the second-largest steel service centre company in

North America.

Here are some details of Wednesday's results:

* Shipments rose 1.8% year-on-year to 4.53 million tonnes in

2025 thanks to the company's market expansion in the U.S.

* The net loss for continuing operations was 53 million

euros, resulting in negative earnings per share of 0.54 euros

* Cash flow from operating activities was positive for the

fourth year in a row at 110 million euros

* The group said it would propose a dividend of 0.20 euros

per share, stable compared to the previous year.

* The Dusseldorf-based company said it expected stable

shipments in 2026 despite divesting eight U.S. distribution

centres toward the end of 2025.

* In the first quarter, operating income (EBITDA) before

material special effects is expected to come between 20 million

euros and 60 million euros, after 21 million euros in the fourth

quarter of 2025.

($1 = 0.8595 euros)