Thyssenkrupp keeps outlook, expects more stable environment in H2

Reuters

Wed, May 14, 2025, 10:10 PM

FRANKFURT (Reuters) -Thyssenkrupp kept its outlook for the fiscal twelvemonth and expects a much unchangeable marketplace situation successful the 2nd fractional of 2025, it said connected Thursday, aft little prices and request arsenic good arsenic maintenance-related shutdowns caused quarterly nett to plunge.

The German conglomerate said it inactive expects adjusted operating nett (EBIT) of 600 cardinal to 1 cardinal euros ($671 cardinal to $1.1 billion) and escaped currency travel earlier M&A of betwixt 0 and 300 cardinal euros.

($1 = 0.8948 euros)

(Reporting by Christoph Steitz; Editing by Lisa Shumaker)