Thyssenkrupp's Results Miss Market Views -- Market Talk

Dow Jones
05-15

0744 GMT - Thyssenkrupp's second-quarter results are a substantial miss, Morgan Stanley analysts say in a research note. The German steel and industrial company posted adjusted Ebitda and EBIT below consensus estimates with misses across all divisions, the analysts say. This was particularly pronounced in its Steel Europe business, weighed down by lower price realizations, they say. Shares trade 8.3% lower at 8.65 euros. (nina.kienle@wsj.com)

 

(END) Dow Jones Newswires

May 15, 2025 03:44 ET (07:44 GMT)

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