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Acerinox, ES0132105018

Acerinox stock updates after latest earnings report

Published on 11/09/2026 at 18:15 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Acerinox stock is being reassessed after the latest quote moved above the level cited in the prior report. Stronger earnings meet a softer fourth-quarter outlook.

Profit recovery meets seasonal caution

  • Acerinox reported a sharp nine-month profit recovery led by its U.S. stainless-steel operations.
  • Management expects fourth-quarter EBITDA to remain below the third-quarter level as U.S. seasonality weighs on activity.
  • Working-capital reduction is expected to support lower net financial debt by year-end.
Acerinox, ES0132105018, Illustration mit AI erstellt.
Acerinox, ES0132105018, Illustration mit AI erstellt.

On Monday, November 9, Acerinox stock traded at 15.35 euros on Lang & Schwarz at 18:09 CET. That was 1.86 percent above the 15.07-euro quote cited in the latest AD HOC NEWS report at 10:03 CET the same day. The comparison is separate from a daily Xetra close.

Earnings recovery faces a softer finish

Acerinox's nine-month results, released on Friday, October 30, showed a sharp recovery in profitability. According to the latest AD HOC NEWS report, net profit reached 162 million euros from January through September, compared with 7 million euros a year earlier.

Cumulative EBITDA rose 46 percent to 470 million euros, while third-quarter EBITDA reached 199 million euros, 13 percent above the second quarter. North American Stainless remained the main pillar of group profitability, while European consumption recovered more slowly than expected.

Fourth-quarter visibility remains limited

Management expects activity in the stainless-steel division to decline in the fourth quarter because of normal year-end seasonality in the United States. Fourth-quarter EBITDA is therefore expected to fall below the third-quarter level.

The company also expects working capital to decline by year-end, which should reduce net financial debt. Net financial debt stood at 1.5 billion euros at the end of the third quarter, 174 million euros above the previous quarter.

Acerinox company facts

  • Company: Acerinox, S.A.
  • ISIN: ES0132105018
  • Ticker: ACX.MC
  • Sector: Basic Materials
  • Industry: Steel
  • Lang & Schwarz quote: 15.35 euros at 18:09 CET on Monday, November 9, 2026

Investors can place Acerinox in the Spanish equity-market context through the IBEX 35 market overview.

Further developments can be followed through more news and analyses on Acerinox stock.

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en | ES0132105018 | ACERINOX | boerse | 70482584 | bgmi