Klöckner stock gains 1.39 percent as control deal advances
Published on 09/28/2026 at 16:10 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Klöckner (ISIN DE000KC01000) gained 1.39 percent to EUR 13.16 on the Vienna Stock Exchange at the September 25, 2026 close. The decisive company event is Worthington Steel's control agreement, which now moves toward a shareholder vote.
Control deal reaches a key vote
According to Business Wire on September 8, 2026, Worthington Steel signed a domination and profit and loss transfer agreement with Klöckner. At least 75 percent of the share capital represented must approve the deal at an extraordinary general meeting expected on October 23, 2026.
The agreement could become effective from January 1, 2027, after shareholder approval and registration with the commercial register, according to Business Wire. The same release states that Klöckner shares were delisted from the regulated Frankfurt market on August 12, 2026, making the October vote the next major structural checkpoint.
Q2 sales rise while earnings stay negative
Klöckner's Q2 2026 sales reached EUR 1.7 billion, up 3 percent year over year, while like-for-like sales increased 12.1 percent, according to Quartr in its September 7, 2026 Q2 summary. That comparison shows the effect of divestments on the reported top line and the stronger underlying sales performance.
Adjusted EBITDA before material special effects was EUR 63 million in Q2 2026, while net income was negative EUR 269 million after a EUR 151 million Becker Group impairment charge, Quartr reported. The contrast between operating earnings and bottom-line losses remains central to the investment case.
Stock stays near the yearly high
Klöckner's EUR 13.16 closing price was EUR 0.02 below the 52-week high of EUR 13.18 and EUR 8.03 above the 52-week low of EUR 5.13 on September 25, 2026. The market capitalization was EUR 1.2 billion as of September 28, 2026, while the next earnings date shown for the company is November 4, 2026.
Klöckner stock facts
- Company: Klöckner & Co SE
- ISIN: DE000KC01000
- WKN: KC0100
- Ticker: KCOGn
- Trading venue: Vienna Stock Exchange
- Price (as of September 25, 2026): Closing price (September 25, 2026): EUR 13.16
- Market capitalization: EUR 1.2 billion (as of September 28, 2026)
- 52-week range: EUR 5.13-13.18 (as of September 25, 2026)
- Sector / Industry: Basic Materials / Steel
