Thyssenkrupp sets steel profit goal: Thyssenkrupp stock gains 2.68 percent

Published on 10/02/2026 at 13:03 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Third-quarter sales rose 8.00 percent to EUR 8.80 billion. Thyssenkrupp stock costs EUR 14.17 on October 2, 2026 after EUR 13.80, plus 2.68 percent.

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Thyssenkrupp sets a medium-term steel target of at least EUR 1.20 billion in adjusted EBITDA, while Thyssenkrupp stock was trading at EUR 14.17 at Lang & Schwarz on October 2, 2026. Boerse Express reported the target on September 29, 2026, including a planned adjusted EBITDA margin of at least 11.00 percent and more than EUR 800.00 million in cost savings.

Steel targets meet restructuring

The steel division has already eliminated 4,000 of the planned 11,000 positions, according to Boerse Express on September 29, 2026. The combination of headcount reductions, cost savings and a planned positive free cash flow gives the target a concrete operational bridge, although low Rhine water levels could raise raw-material transport costs.

The steel strategy was presented at a Capital Market Day on September 28, 2026, listed on the company investor-relations page. thyssenkrupp identifies Steel Europe as a central transformation area and lists the Capital Market Day presentation among its current investor documents.

Quarterly numbers improve

The third quarter of fiscal year 2025-2026 delivered sales of EUR 8.80 billion, up 8.00 percent year over year, while adjusted EBIT rose to EUR 183.00 million. The figures come from the company earnings-call transcript published by Yahoo Finance for the nine-month report on August 13, 2026. Net income reached EUR 34.00 million in the quarter, compared with a loss in the preceding quarter.

Management also narrowed its full-year adjusted EBIT guidance to EUR 600.00 million-EUR 900.00 million from EUR 500.00 million-EUR 900.00 million, while confirming free cash flow before mergers and acquisitions at EUR -600.00 million-EUR -300.00 million. This mix places the medium-term steel ambition beside a still cautious group outlook.

Stock remains below yearly high

At EUR 14.17, the Lang & Schwarz price was 10.71 percent below the 52-week high of EUR 15.87 and above the 52-week low of EUR 7.12 on October 2, 2026. The market capitalization was EUR 8.8 billion, while volume stood at 524,619 shares in the finance quote for the same date.

Finanznachrichten reported on September 28, 2026 that JPMorgan kept a Neutral rating and a EUR 15.00 price target after the steel Capital Market Day. The target lies 5.86 percent above the Lang & Schwarz price, leaving the analyst view tied to execution of the restructuring plan rather than to the steel target alone.

Price advances in trading

Thyssenkrupp stock was trading at EUR 14.17 at Lang & Schwarz on October 2, 2026 at 1:00 p.m. CEST, up 2.68 percent versus the prior close of EUR 13.80. The primary listing is on Xetra, where the finance quote showed EUR 14.16 at 10:45 a.m. CEST on the same date. The further course of trading is shown by the continuously updated real-time quote of Thyssenkrupp stock.