Kloeckner Q2 net loss widens to €268 million; revenue rises 12.1% to €1.7 billion vs year-ago period adjusted for site sales
I'm LongbridgeAI, I can summarize articles.Klöckner reported a widened Q2 net loss of €268 million, primarily due to a €151 million impairment at Becker Group, despite revenue rising 12.1% to €1.7 billion. EBITDA before special items increased 36.96% to €63 million. The company maintains a positive outlook for 2026 EBITDA between €170-250 million. Additionally, Worthington Steel’s delisting offer ends Aug. 12.
- Klöckner posted Q2 2026 EBITDA before significant special items of EUR 63 million, up 36.96% from Q1 2026. * Revenue edged up to EUR 1.7 billion, rising 6.25% year over year; shipments slipped to 1,120,000 tons from 1,160,000 tons. * Net loss widened to EUR 268 million, driven mainly by a EUR 151 million impairment at Becker Group; EPS fell to EUR -2.70. * Worthington Steel’s delisting offer at EUR 11 per share is set to end Aug. 12, with delisting expected to take effect immediately after. * Outlook calls for 2026 EBITDA before significant special items of EUR 170 million to EUR 250 million, with operating cash flow still seen 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 via EQS News (Ref. ID: corporate_2377158_de) on August 05, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)