Klöckner & Co H1 2026 net loss widens to €272 million; sales fall 1.5% to €3.3 billion
I'm LongbridgeAI, I can summarize articles.Klöckner & Co reported a widened H1 2026 net loss of €272 million, with sales falling 1.5% to €3.3 billion. Q2 results showed a swing from net income to a €268 million loss, driven by €171 million in material special effects that turned EBITDA negative. Despite shipment declines due to U.S. divestments, the company maintains its full-year EBITDA guidance of €170-250 million and expects positive operating cash flow.
- Klöckner & Co posted a net loss of EUR 268 million in Q2 2026, swinging from net income of EUR 2 million. * EBITDA turned to a loss of EUR 108 million from a profit of EUR 63 million, hit by EUR 171 million of material special effects. * EBITDA before material special effects slipped to EUR 63 million from EUR 65 million, while sales rose to EUR 1.69 billion from EUR 1.64 billion. * Shipments fell 4.2% to 1,115 thousand tons, reflecting the sale of eight U.S. distribution sites completed at end-2025. * For 2026, EBITDA before material special effects is still seen at EUR 170 million to EUR 250 million, with operating cash flow expected positive. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Klöckner & Co. SE published the original content used to generate this news brief on August 04, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here