Henkel completes Stahl deal: Henkel stock sits 7.31 percent below its high

Published on 10/22/2026 at 09:49 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Henkel integrates Stahl, which made EUR 725 million in fiscal 2025. Henkel stock costs EUR 78.05 on October 22, 2026, 0.75 percent below Xetra close.

Acquisition and earnings calendar

Henkel completed the Stahl acquisition on October 1, 2026, adding a business with EUR 725 million in fiscal 2025 sales.
First-half 2026 revenue rose 3.20 percent to EUR 10.3 billion, while adjusted earnings per preferred share reached EUR 2.86.
Henkel stock trades at EUR 78.05 at 9:40 a.m. CEST at Lang & Schwarz on October 22, 2026, 0.75 percent below the Xetra close of October 21, 2026.

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Henkel (ISIN DE0006048432) was trading at EUR 78.05 at Lang & Schwarz on October 22, 2026, at 9:40 a.m. CEST, 0.75 percent below the Xetra close. The company completed its acquisition of specialty coatings producer Stahl on October 1, 2026, according to Henkel.

What changed with Stahl?

Stahl is now fully part of Henkel's Adhesive Technologies business. The acquired company employs 1,800 people globally and generated adjusted sales of EUR 725 million in fiscal year 2025, giving Henkel a new specialty-coatings platform serving mobility, fashion, luxury and packaging markets.

Henkel said the Stahl deal was one of three Adhesive Technologies transactions completed in 2026, adding combined sales of EUR 1 billion across the acquisitions. The strategic case is therefore tied to portfolio expansion rather than a single product launch, while integration execution becomes the next measurable test.

Three dated stock events

The recent timeline shows three concrete reference points: on August 6, 2026, Henkel reported first-half revenue of EUR 10.3 billion, up 3.20 percent organically; on October 1, 2026, it completed the Stahl acquisition with EUR 725 million of fiscal 2025 sales; and on October 19, 2026, Bernstein kept a Neutral rating and a EUR 74.96 target, according to MarketScreener.

When are the next results?

Henkel's investor-relations calendar lists November 10, 2026, for third-quarter reporting and November 11, 2026, for a London roadshow. The half-year report had shown adjusted operating profit of EUR 1,620 million, a 15.70 percent margin and adjusted earnings per preferred share of EUR 2.86, with the margin up 10 basis points year over year, according to Henkel. Its 2026 organic-sales outlook was 1.50 to 3.50 percent, compared with 1.00 to 3.00 percent previously.

Stock stays below its annual high

The 52-week range is EUR 61.28 to EUR 84.20, putting the Lang & Schwarz price 7.30 percent below the high. That leaves the November reporting date and the contribution from Stahl as the next company-specific markers.

Henkel was trading at EUR 78.05 at Lang & Schwarz on October 22, 2026, at 9:40 a.m. CEST, 0.75 percent below the Xetra close of October 21, 2026 at EUR 78.64. The further course of trading is shown by the continuously updated real-time quote of Henkel stock.