ThyssenKrupp AG has released its financial results, highlighting a diverse performance across its segments. For the fiscal year 2023/24, the company reported sales of €35.041 billion, showing stability compared to the previous year's figures. The EBIT adjusted for the same period was €567 million, reflecting a range of €600 to €1,000 million with a margin between 1.8% and 2.9% as per the company's guidance. The net income for Q2 2024/25 showed a notable improvement to €167 million from a loss of €33 million in the same quarter the previous year. The operating cash flow for the fiscal year was positive at €1.353 billion, with a free cash flow before M&A at €110 million, demonstrating a significant turnaround from a negative position in the previous year. ThyssenKrupp's outlook for FY 24/25 remains confirmed, with strategic plans to finalize the business plan for Steel Europe. The company anticipates key milestone decisions in the upcoming fiscal year. The Group's guidance is supported by its APEX 2.0 initiative, which aims to cushion market weaknesses and enhance earnings potential. The balance sheet highlights include a net cash position of €4.0 billion and an equity ratio increase to 36.7%. Additionally, the company's net financial debt has decreased to €3.979 billion. Overall, ThyssenKrupp maintains a cautious yet optimistic outlook for the upcoming fiscal year, focusing on strategic developments and financial stabilization.