ThyssenKrupp targets tk accelis listing. ThyssenKrupp stock falls 1.98 percent

Published on 10/05/2026 at 14:04 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

tk accelis could reach EUR 3.6 billion in enterprise value on October 5, 2026. ThyssenKrupp stock costs EUR 13.83 after EUR 14.11.

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ThyssenKrupp stock was trading at EUR 13.83 at Lang & Schwarz on October 5, 2026 at 2:00 p.m. CEST, down 1.98 percent from the EUR 14.11 prior close. According to Reuters on October 5, 2026, the group is targeting October 28 for the separate listing of 49 percent of its materials trading unit tk accelis.

Listing plan sharpens the restructuring

The planned listing is another step in ThyssenKrupp's move toward a holding structure with substantial stakes in its operating businesses. Reuters reported that tk accelis could reach EUR 3.6 billion in enterprise value, while the unit employs 15,500 people across 30 countries.

The materials business generated EUR 11.4 billion in sales during fiscal year 2024/2025. Its adjusted margin target for earnings before interest, taxes, depreciation and amortization is 4 percent to 5 percent, compared with 2 percent in fiscal year 2024/2025, according to Reuters.

Third-quarter revenue rises 8 percent

FinanzNachrichten.de reported that ThyssenKrupp increased revenue by 8 percent to EUR 8.8 billion in the third quarter of fiscal year 2025/2026. The adjusted operating result rose to EUR 183.0 million in the same period, giving the restructuring story an operating measure beyond the planned spin-off.

The lower end of the fiscal year 2025/2026 adjusted operating profit outlook was raised from EUR 500.0 million to EUR 600.0 million, with the forecast range now extending to EUR 900.0 million, according to the same September 25, 2026 report. That range places execution, rather than the listing date alone, at the center of the equity case.

Stock remains below its yearly high

At EUR 13.83, ThyssenKrupp stock stood 12.85 percent below its 52-week high of EUR 15.87 and 94.24 percent above its 52-week low of EUR 7.12 on October 5, 2026. Market capitalization was EUR 8.5 billion on the same date, putting the planned tk accelis valuation at a material scale relative to the parent company.

Price reflects a weaker session

ThyssenKrupp stock was trading at EUR 13.83 at Lang & Schwarz on October 5, 2026 at 2:00 p.m. CEST, down 1.98 percent versus the Lang & Schwarz prior close of EUR 14.11 on October 2, 2026. The further course of trading is shown by the continuously updated real-time quote of ThyssenKrupp stock.