Aperam confirmed weaker Q3 outlook as Aperam stock costs EUR 38.66

Published on 10/13/2026 at 09:40 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Aperam stock costs EUR 38.66 on October 13, 2026, below EUR 53.85. Q3 adjusted EBITDA is below EUR 130.00 million but above EUR 90.00 million.

Aperam confirmed on October 6, 2026, that adjusted EBITDA for the third quarter should fall below the EUR 130.00 million second-quarter level but exceed EUR 90.00 million in the first quarter.
The company-compiled consensus for third-quarter adjusted EBITDA is EUR 113.00 million, while higher energy costs are expected to weigh by EUR 20.00 million per quarter.
Aperam stock was trading at EUR 38.66 at Lang & Schwarz on October 13, 2026, 28.19 percent below its EUR 53.85 52-week high.
Third-quarter and nine-month results are scheduled for November 6, 2026, followed by a capital markets day on November 18, 2026.

Aperam, LU0569974404, Illustration mit AI erstellt.

Aperam stock (ISIN LU0569974404) was trading at EUR 38.66 at Lang & Schwarz on October 13, 2026, 28.19 percent below its EUR 53.85 52-week high. On October 6, 2026, FT.com reported that Aperam had confirmed a weaker adjusted EBITDA outlook for the third quarter.

Three dates frame the outlook

On July 31, 2026, management discussed the second-quarter outlook with investors, with adjusted EBITDA at EUR 130.00 million in the second quarter. On October 6, 2026, Aperam confirmed that third-quarter adjusted EBITDA should be below EUR 130.00 million but above the EUR 90.00 million first-quarter level. On October 13, 2026, the Lang & Schwarz quote stood at EUR 38.66, placing the stock 28.19 percent below its EUR 53.85 yearly high.

What does the guidance mean?

The company-compiled consensus for third-quarter adjusted EBITDA is EUR 113.00 million, according to FT.com. That places the consensus below the second-quarter result of EUR 130.00 million and above the first-quarter result of EUR 90.00 million, matching the sequential pattern described by management.

The same update identified higher energy costs as a key pressure point, with an expected EBITDA impact of EUR 20.00 million per quarter. Aperam also said its forward guidance for adjusted EBITDA, cash flow and net debt assumes stable commodity prices, so energy-price volatility remains an important sensitivity for the third-quarter figures.

Results and capital markets day

According to FT.com, Aperam will publish its third-quarter and nine-month 2026 results before the market opens on November 6, 2026. A capital markets day is scheduled for November 18, 2026, in Paris, giving investors two dated checkpoints for the earnings trajectory and the company's efficiency program.

Stock remains below its yearly high

The EUR 38.66 Lang & Schwarz price on October 13, 2026, stood 28.19 percent below the EUR 53.85 52-week high. The combination of a lower sequential EBITDA outlook, the EUR 113.00 million consensus and the EUR 20.00 million quarterly energy-cost pressure makes the November results the next quantified test of the investment case. The further course of trading is shown by the continuously updated real-time quote of Aperam stock.