The company has held up well enough last year. Q4 financials released in a presentation on Tuesday are right on target, even as we have had to guess our

Wolfgang Felix5 February 2026KP, KLOCKNER

Köckner Pentaplast - comment

Having filed for their Prepack Ch11 yesterday, Klöckner Pentaplast disclosed the full suite of advisors, including

Wolfgang Felix5 December 2025KLOCKNER, KP

Klöckner Pentaplast - No Smoke, No Fire - Model Update

Please find our updated analysis of Klöckner Pentaplast here.

Where there is no smoke, there is no fire, or perhaps where there is no queue, there is no value. In Klöckners case, that means that we can’t

Wolfgang Felix20 November 2025KLOCKNER, KP

Klöckner Pentaplast - comment

To line up its CH11 prepack, the company has agreed on a restructuring plan involving a bigger write-off than we had modelled only in

Wolfgang Felix5 November 2025KLOCKNER, KP

Klöckner Pentaplast - comment

€300m make sense mathematically. KP has debt capacity of approx. €1.4bn and €300m is roughly the difference if you

Wolfgang Felix3 June 2025KLOCKNER, KP

Klockner Pentaplast - sailing into a refinancing

Please see our updated analysis and model post the Q2 2024 results on Klockner Pentaplast here.

KP delivered a mixed Q2 2024 earnings report with good performance in the PHD segment which compensated for weakness in the FP segment

Saahil Dey21 September 2024KLOCKNER, KP

Klockner Pentaplast - comment

Over 50% of the EUR TLB lenders have signed a cooperation agreement along with the majority of the USD TLB lenders. As a reminder, this is considered a

Saahil Dey16 September 2024KLOCKNER, KP

Klockner Pentaplast - Packing in a refinancing - Positioning

Please find our updated model post-Q1 results on Klockner Pentaplast here.

KP is suffering from transitory issues (inventory de-stocking, elevated inflation, demand weakness in its labels & card division) which will dissipate in H2 2024 with

Saahil Dey12 June 2024KLOCKNER, KP

Klöckner Pentaplast - comment

Gerresheimer, the German packaging group today announced the acquisition of Italian packaging group - Bormioli Pharma for €800 million or a

Saahil Dey23 May 2024KLOCKNER, KP