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ThyssenKrupp Shares Hit On Weak Adj. Earnings, Orders In Q2; Backs Outlook
Shares of ThyssenKrupp AG were losing around 14 percent in German trading after the industrial conglomerate reported Thursday sharply lower adjusted operating profit in its second quarter amid weak revenues and orders due to market conditions, even as it truned around to a net profit. Further, the company maintained its fiscal 2025 forecast.
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Před 118 dny
Thyssenkrupp To Reduce Steel Capacity, Jobs; Stock Up
Shares of thyssenKrupp AG were gaining around 2 percent in the early morning trading on Germany's XETRA after the industrial engineering and steel company late Thursday announced its loss making Steel division's structural realignment, including a significant cut in Duisburg's production capacity, as well as jobs that are yet to be quantified.
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Před 516 dny
Thyssenkrupp Stock Down On Q1 Loss, FY24 Warning; To Cut 2,370 Jobs
Shares of thyssenKrupp AG were losing around 9 percent in the morning trading on Germany's XETRA after the industrial engineering and steel company reported Wednesday a net loss in its first quarter, compared to prior year's profit as sales and order intake were lower as expected due to market effects. The company also trimmed its earnings and sales forecast for fiscal 2024 on weak demand.
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Před 574 dny
ThyssenKrupp Stock Climbs On Positive FY24 Outlook
Shares of thyssenKrupp AG were gaining more than 7 percent in the morning trading in Germany after the industrial engineering and steel company Wednesday said it expects a profit in its fiscal 2024 and higher sales. This was despite reporting a loss in fiscal 2023, compared to prior year's profit, along with weak sales and orders amid an increasingly challenging environment.
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Před 658 dny
ThyssenKrupp Stock Down On Q2 Loss, Weak Orders And Outlook
Shares of ThyssenKrupp AG were losing around 2 percent in the morning trading in Germany after the industrial engineering and steel company reported Thursday a loss in its second quarter, compared to profit year's profit, amid weak sales and orders. Looking ahead for fiscal 2023, the company continues to project lower earnings in a challenging environment with persistently high energy prices...
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Před 853 dny
ThyssenKrupp Stock Down On Weak Q1 Profit, Orders; Backs FY23 View
Shares of ThyssenKrupp AG were losing around 6 percent in the morning trading in Germany after the industrial engineering and steel company reported Tuesday weak profit and orders and flat revenues in its first quarter. The company also maintained its fiscal 2023 outlook, expecting lower earnings.
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Před 939 dny