Klöckner's operating income & Co increased in 2025

Klöckner Steel Warehouse and service center based in Germany & Co SE has announced its financial results for fiscal year 2025. Despite the difficult market conditions, the company recorded an increase in operating profitability. According to the disclosed data, EBITDA before significant special effects increased from 136 million euros in 2024 to 171 million euros. During the same period, shipments showed a slight increase, increasing from 4.45 million tons to 4.53 million tons. On the contrary, due to price and currency fluctuations, the company's total sales decreased from 6.6 billion euros to 6.4 billion euros. The company's net loss decreased significantly compared to the previous year. The net result improved from 176 million euros in 2024 to 53 million euros in 2025. During this period, earnings per share amounted to 0.54 euros. The positive dynamics of cash flow continued. In 2025, cash flow from operating activities amounted to 110 million euros, and free cash flow reached 105 million euros. Thus, the company has been achieving positive operating cash flow for the fourth year in a row. The Management Board and the Supervisory Board will propose to the General Meeting to pay a dividend of 0.20 euros per share. As of December 31, 2025, the company's equity capital adequacy ratio was 48.2%. CEO Guido Kerkhoff stated that the decisions taken in 2025 have strengthened the company's focus on higher value-added products and services. Kerkhoff also noted that the planned business combination with the American Worthington Steel will contribute to the company's growth in Europe and North America. As part of the restructuring of its portfolio, in 2025, the company sold its subsidiary in Brazil and got rid of eight distribution centers in the United States. In addition, the product and service portfolio has been expanded through the acquisition of Haley Tool & Stamping in the USA and Ambo Stahl in Germany. Meanwhile, on January 15, 2026, between Klöckner & Co and Worthington Steel have signed a business combination agreement. In this regard, Worthington Steel has made a voluntary takeover offer for all shares of Klöckner. & Co at the offer price of 11 euros per share. The deadline for accepting the proposal has been extended until March 26, 2026. In its forecast for 2026, the company expects that supply volumes will generally remain at the level of the previous year. Due to the strengthening of the operating position, EBITDA is expected to increase significantly throughout the year before significant changes occur. In the first quarter of 2026, this figure is estimated to be between 20 and 60 million euros.

Author: SteelRadar Editorial Team

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