KCO: Sales rose but profitability declined in Q2 2026, with a strategic shift to value-added services
I'm LongbridgeAI, I can summarize articles.Q2 2026 saw higher sales but lower gross profit and net income, mainly due to divestments and a significant write-down at Becker. The company is shifting toward higher value-added business, with net debt rising and EBITDA guidance for FY 2026 set at €170–250m.Original document: Kloeckner & Co SE [KCO] Slides Release — Aug. 5 2026DisclaimerThis is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.
Q2 2026 saw higher sales but lower gross profit and net income, mainly due to divestments and a significant write-down at Becker. The company is shifting toward higher value-added business, with net debt rising and EBITDA guidance for FY 2026 set at €170–250m.
Original document: Kloeckner & Co SE [KCO] Slides Release — Aug. 5 2026