DSW sues Ottobock as Ottobock stock stays below its IPO price

Published on 10/06/2026 at 17:12 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

A Russia prospectus lawsuit emerged on September 10, 2026. Ottobock stock was last at EUR 51.40 on October 2, 2026 versus EUR 52.00.

Ottobock, DE000BCK2223, Illustration mit AI erstellt.

Ottobock (ISIN DE000BCK2223) was last at EUR 51.40 at gettex on October 2, 2026 at 10:43 p.m. CEST, minus 1.15 percent versus the prior close of EUR 52.00. The Deutsche Schutzvereinigung für Wertpapierbesitz sued over disclosures on Ottobock's Russia business on September 10, 2026, as DER AKTIONÄR reported.

Russia lawsuit keeps IPO discount visible

DSW challenged the prospectus treatment of state procurement structures and the Russian social insurance fund, according to DER AKTIONÄR. Ottobock rejected the allegations and said the integrity of its prospectus and capital-market publications remained intact.

The company went public in October 2025 at EUR 66.00, putting the October 2 gettex price 22.12 percent below the IPO level. The legal dispute therefore adds a specific risk factor to a stock already trading below its flotation price.

Half-year growth supports Jefferies view

Ottobock's core revenue increased 7.70 percent to EUR 818.5 million in the first half of 2026, while adjusted EBITDA rose 18.10 percent to EUR 207.0 million and the adjusted EBITDA margin reached 25.30 percent, according to Dr Web.

That operating progress contrasts with the legal overhang. On September 15, 2026, Jefferies kept its Buy rating and an EUR 83.00 price target, as finanzen.net reported. The target lies 61.48 percent above the gettex price of EUR 51.40, using the same currency and quote date.

Next report date is November 12

Ottobock's investor-relations calendar lists the release of its third-quarter 2026 interim statement for November 12, 2026, at Ottobock. That date gives investors the next scheduled test of whether the 7.70 percent first-half core revenue growth can support the company's full-year outlook.

Gettex quote remains below IPO level

The substitute price was EUR 51.40 at gettex on October 2, 2026 at 10:43 p.m. CEST, minus 1.15 percent versus the gettex prior close of EUR 52.00 on October 1, 2026. The reference price was 22.12 percent below Ottobock's EUR 66.00 IPO price.