Worthington Steel outlines integration: Klöckner stock has EUR 1.3 billion value

Published on 10/15/2026 at 13:09 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

The deal adds 6,100 employees and EUR 7.3 billion in trailing revenue. Klöckner stock costs EUR 12.83 on October 15, 2026 at Lang & Schwarz.

Integration and quarterly figures

Worthington Steel outlined a September 2026 control agreement and set an October 23, 2026 shareholder vote.
Klöckner reported EUR 1.69 billion in second-quarter 2026 revenue and a EUR 269.10 million net loss.
Klöckner stock traded at EUR 12.83 at 1:02 p.m. CEST at Lang & Schwarz on October 15, 2026.

Aquarellmalerei einer Industriestadt am Fluss, Symbolbild für Klöckner & Co (DE000KC01000) — Aquarellbild einer Hafenstadt symbolisiert den Firmensitz von Klöckner & Co, ISIN DE000KC01000, Illustration mit AI erstellt.

Worthington Steel outlined its Klöckner integration plan, while Klöckner stock carried a market value of EUR 1.3 billion in October 2026. The presentation described the September 2026 control agreement and linked the next major step to an October 23, 2026 shareholder vote, according to Investing.com.

Control vote sets the next milestone

The agreement is designed to give Worthington Steel full operational control of Klöckner after approval. The required threshold is 75 percent of the share capital represented at the extraordinary meeting, and the agreement could become effective as early as January 1, 2027, according to Investing.com. The timetable matters because operational control would allow the buyer to integrate activities and pursue planned synergies.

The transaction adds a business with EUR 7.3 billion in trailing twelve-month revenue and 6,100 employees across 110 locations in North America and Europe. Klöckner's 2025 revenue mix also showed a strategic shift, with 86 percent coming from higher value-added and service-center activities, according to Investing.com.

What do the quarterly figures show?

Klöckner's second-quarter 2026 revenue reached EUR 1.69 billion, up from EUR 1.57 billion in the previous quarter, while net income moved from a EUR 4.38 million loss to a EUR 269.10 million loss. The period also carried earnings per share of minus EUR 2.70, based on the latest financial summary cited by Investing.com.

Which dates shape the outlook?

The extraordinary meeting is scheduled for October 23, 2026. The next reporting date is listed as November 4, 2026, according to Simply Wall St. For investors, the vote and the reporting date create two concrete checkpoints for judging control, integration costs and the earnings path.

Stock price and investor view

Klöckner's valuation reflects a company moving through a control transition while recent quarterly results show higher revenue alongside a wider net loss. The next test is whether the proposed integration timetable can turn the enlarged platform into improved earnings.

Klöckner stock was trading at EUR 12.83 at Lang & Schwarz on October 15, 2026 at 1:02 p.m. CEST.

The further course of trading is shown by the continuously updated real-time quote of Klöckner stock.