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05.08.26 - 07:03
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Corporate News: Klöckner & Co SE (EQS)
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Klöckner & Co setzt solide operative Entwicklung im zweiten Quartal 2026 fort und treibt Zusammenschluss mit Worthington Steel weiter voran...
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22.07.26 - 08:03
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Corporate News: Klöckner & Co SE (EQS)
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Vorstand und Aufsichtsrat der Klöckner & Co SE veröffentlichen begründete Stellungnahme zum Delisting-Erwerbsangebot von Worthington Steel...
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24.06.26 - 22:21
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Worthington Steel Reports Fourth Quarter Fiscal 2026 Results (Business Wire)
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COLUMBUS, Ohio--(BUSINESS WIRE)--Worthington Steel, Inc. (NYSE: WS), a market-leading, value-added metals processing company, today reported financial results for the fiscal 2026 fourth quarter ended May 31, 2026.
Fourth Quarter Highlights (all comparisons to the fourth quarter of fiscal 2025):
Net sales of $929.2 million increased 12% compared to $832.9 million.
Operating loss of $57.6 million compared to operating income of $66.4 million due primarily to non-cash impairments in the Electrical Steel reporting unit and acquisition related expenses in the fourth quarter of fiscal 2026.
Net loss attributable to controlling interest of $48.7 million compared to net earnings attributable to controlling interest of $55.7 million.
Net loss per diluted share attributable to controlling interest of $0.98 compared to net earnings per diluted share attributable to controlling interest of $1.10; adjusted net earnings per diluted share attributable to controlling interest of $0.74 compared to $1.05.
Adjusted EBIT of ...
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24.06.26 - 19:00
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Worthington Steel Declares Quarterly Dividend (Business Wire)
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COLUMBUS, Ohio--(BUSINESS WIRE)--The board of directors of Worthington Steel, Inc. (NYSE: WS) has declared a quarterly dividend of $0.16 per common share. The dividend is payable on September 29, 2026, to shareholders of record at the close of business on September 15, 2026.
Worthington Steel will host a conference call to discuss its fiscal 2026 fourth quarter results at 8:30 a.m. ET on Thursday, June 25, 2026. The conference call can be accessed by registering online at the link below. A live webcast of the call will be available through Events & Presentations in the Investors section of the Company's website at www.WorthingtonSteel.com and will be archived for one year.
Live Conference Call Schedule
Date:
Thursday, June 25, 2026
Start Time:
8:30 a.m. ET
Registration Link:
https://events.q4inc.com/attendee/699991251
To automatically receive Worthington Steel financial news by email, please visit https://ir.worthingtonsteel.com and subscribe to email alerts.
About Worthington Steel
Worthington Steel (NY...
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03.06.26 - 13:21
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Ad-hoc News: Klöckner & Co SE (EQS)
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Klöckner & Co SE: Entscheidung zur Abgabe eines Delisting-Erwerbsangebots von Worthington Steel zu 11,00 € je Klöckner & Co-Aktie veröffentlicht...
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03.06.26 - 12:24
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Worthington Steel Completes Acquisition of Kloeckner & Co and Announces Intention to Launch Delisting Tender Offer (Business Wire)
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COLUMBUS, Ohio--(BUSINESS WIRE)--Worthington Steel, Inc. (NYSE: WS) today completed its voluntary public takeover offer (the “Takeover Offer”) for Kloeckner & Co SE (“Kloeckner”), a leading global service center and metal processing company, following satisfaction of all closing conditions. Worthington Steel has currently secured approximately 62% of Kloeckner's outstanding shares.
Completion of the Takeover Offer establishes the foundation for a strong strategic partnership between Worthington Steel and Kloeckner. Worthington Steel expects the transaction to broaden its product portfolio, diversify end-market exposure and strengthen its geographic footprint. Over time, the combined company anticipates it will benefit from increased scale, operational efficiencies and the sharing of best practices across both organizations.
“This is an important milestone for Worthington Steel and a meaningful step forward in our growth strategy,” said Geoff Gilmore, Worthington Steel President and CEO. “Kl...
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