Klöckner stock reports 12.1 percent like for like sales growth

Published on 09/24/2026 at 12:57 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Klöckner stock reports Q2 2026 sales of EUR 1.7 billion, up 3 percent year over year. Adjusted EBITDA reached EUR 63 million, while net income was negative EUR 269 million.

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Klöckner stock (ISIN DE000KC01000) reports 12.1 percent like for like sales growth in Q2 2026, while the Xetra price stood at EUR 12.22 on September 22, 2026, down 0.65 percent. The quarter combines improved underlying demand with a large impairment charge that pushed reported earnings deep into negative territory.

Underlying sales move higher

According to Quartr, reported Q2 2026 sales rose 3 percent year over year to EUR 1.7 billion. After excluding eight US distribution sites sold at the end of 2025, sales increased 12.1 percent and shipments advanced 4.3 percent.

The comparison matters because the divestments reduce the reported group footprint. On the adjusted basis, the figures point to higher average prices and improving volumes rather than simple growth from acquisitions.

EBITDA holds above EUR 60 million

EBITDA before material special effects reached EUR 63 million in Q2 2026, compared with an adjusted EUR 56 million in Q2 2025, according to Quartr. That 12.5 percent increase gives the operating result a stronger profile than the headline net loss suggests.

Net income was negative EUR 269 million and diluted EPS was negative EUR 2.70 in Q2 2026. The result included a EUR 151 million impairment charge linked to the Becker Group, while gross profit fell to EUR 243 million from EUR 320 million a year earlier.

Guidance sets the next test

Management expects slight shipment contraction and slight sales growth for full-year 2026. The EBITDA outlook before material special effects is EUR 170 million to EUR 250 million, with positive operating cash flow below the 2025 level.

For investors, the key distinction is between reported earnings and operating performance. The Q2 2026 figures show positive adjusted EBITDA and EUR 10 million of operating cash flow, but the impairment and EUR 1.1 billion of net financial debt keep balance-sheet execution central to the valuation story.

Klöckner stock stays near EUR 12

Klöckner stock stood at EUR 12.22 on Xetra on September 22, 2026, with a daily change of negative 0.65 percent. The market price therefore reflects a subdued session even as like for like Q2 sales increased 12.1 percent.