Aperam prepares third-quarter results. Aperam stock trades 1.22 percent below Xetra close

Published on 10/20/2026 at 10:12 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Aperam schedules Q3 results for November 6, 2026. Aperam stock costs EUR 37.38 on October 20, 2026, 1.22 percent below the Xetra close.

Results date and earnings outlook

Aperam's third-quarter results are scheduled for November 6, 2026.
Adjusted EBITDA is expected below EUR 130.00 million in the third quarter of 2026.
Aperam stock trades at EUR 37.38 at 10:05 a.m. CEST at Lang & Schwarz on October 20, 2026, 1.22 percent below the Xetra close of October 19, 2026.
Leadership Journey had delivered EUR 38.00 million in gains in the first half of 2026.

Aperam, LU0569974404, Illustration mit AI erstellt.

Aperam (ISIN LU0569974404) was trading at EUR 37.38 at Lang & Schwarz on October 20, 2026 at 10:05 a.m. CEST, down 1.22 percent versus the Xetra close of October 19, 2026 at EUR 37.84. The company is due to publish third-quarter and nine-month results on November 6, 2026, according to TradingView.

Results date sets the next test

The November report will test whether Aperam can limit the expected seasonal pressure on earnings. In its October 6, 2026 update, the stainless steel producer said adjusted EBITDA for the third quarter should be below the EUR 130.00 million recorded in the second quarter but above the EUR 90.00 million recorded in the first quarter, according to TradingView.

The company's consensus for third-quarter adjusted EBITDA stood at EUR 113.00 million on October 6, 2026. Elevated energy costs were also expected to reduce EBITDA by EUR 20.00 million per quarter, while net financial debt was expected to remain stable at the quarter-end.

What does the outlook mean for earnings?

The earnings bridge is narrow: the expected result sits below the second-quarter level of EUR 130.00 million but above the first-quarter level of EUR 90.00 million. That places the company consensus at EUR 113.00 million, EUR 17.00 million below the second-quarter benchmark. The figures describe a softer quarter, rather than a collapse in operating profit.

Three dates frame the stock

On July 30, 2026, Aperam published its first-half results, with revenue of EUR 3.264 billion, adjusted EBITDA of EUR 249.00 million and net income of EUR 119.00 million, according to Ideal Investor. On October 6, 2026, the company reiterated the lower third-quarter adjusted EBITDA outlook. On October 20, 2026, the stock was EUR 37.38 at Lang & Schwarz, 1.22 percent below the October 19 Xetra close.

The next dated event is the third-quarter and nine-month results release on November 6, 2026, before the market opens. Aperam's capital markets day is scheduled for November 18, 2026, in Paris, according to TradingView.

Efficiency gains provide a counterweight

Leadership Journey Phase 6 targets EUR 150.00 million of gains between 2026 and 2028, with EUR 38.00 million already delivered in the first half of 2026. This operational target gives the November figures a second angle: investors will see both the seasonal earnings effect and the progress of the cost and value program.

Stock remains below its yearly high

The stock's 52-week range was EUR 29.50 to EUR 53.85 as of October 20, 2026, while market capitalization stood at EUR 2.7 billion. Aperam was therefore 30.61 percent below its 52-week high, leaving the results release as the next dated test for the earnings outlook.

Aperam was trading at EUR 37.38 at Lang & Schwarz on October 20, 2026 at 10:05 a.m. CEST, 1.22 percent below the Xetra close of October 19, 2026 at EUR 37.84. The further course of trading is shown by the continuously updated real-time quote of Aperam stock.