2 days Ago
Thyssenkrupp AG press release ( OTCPK:TYEKF ): FY Revenue of €35B (-6.7% Y/Y). Solid development of adjusted EBIT to €567 million and within the forecast range.
Free cash flow before M&A positive at €110 million and above the forecast. Forecast for current fiscal year: Adjusted EBIT between €600 million and €1 billion, free cash flow before M&A between €(400) million and €(200) million and net income between €100 million and €500 million expected. CEO Miguel López: "Despite the very challenging market conditions, we achieved a respectable result in the past fiscal year, continued implementing the transformation of the thyssenkrupp group with great determination and made key progress.
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