News

FRANKFURT/DUESSELDORF (Reuters) -Thyssenkrupp gave CEO Miguel Lopez a new five-year contract on Friday to continue an overhaul of the struggling conglomerate, averting a leadership crisis after ...
KIEL, Germany (Reuters) -Thyssenkrupp plans to spin off 49% of its defence division TKMS to shareholders as part of a listing later in the year, a board member of the German conglomerate said on ...
KIEL, Germany (Reuters) -Thyssenkrupp plans to spin off 49% of its defence division TKMS to shareholders as part of a listing later in the year, a board member of the German conglomerate said on ...
In Tuesday trading, Thyssenkrupp shares were down 1.2% as of 09:22 GMT. Work is already underway to spin off Thyssenkrupp Marine Systems, with a Frankfurt listing targeted by the end of 2025.
DUESSELDORF (Reuters) -Thyssenkrupp is planning to sell minority stakes in its automotive, materials trading and green technologies divisions in the coming years, it said on Monday, in the latest ...
(Bloomberg) — Thyssenkrupp AG shares tumbled after the steel and engineering group reported a slump in earnings due to weak demand from automotive and industrial customers. Adjusted earnings before ...
Thyssenkrupp, Fincantieri Team up for Submarines Project in Philippines April 16, 2025 (Credit: Fincantieri) ...
ThyssenKrupp Materials Services is one of the world’s biggest mill-independent materials distribution and service providers, employing about 16,000 people, its website shows. The unit’s annual revenue ...
Thyssenkrupp shows strong fundamentals and restructuring progress, making it a long-term Buy. Consider short-term profit-taking after 1Q25's surge.
For the full fiscal year 2024/2025, Thyssenkrupp expects a positive cash flow figure ranging from €0 to €300m. Previously a loss ranging from €200m to €400m was expected.
ThyssenKrupp, the largest steel maker in Germany, said Monday that it would eliminate up to 11,000 jobs by 2030, a decision that comes as the country struggled to overcome economic weakness that ...
ThyssenKrupp, whose products range from steel to submarines, recorded a loss of €1.5 billion ($1.6 billion) for the 2023-24 financial year, having lost some €2 billion the previous year.