ThyssenKrupp AG Q2 24/25 Results: Sales Drop to €8.6 Billion, Net Income Rises to €167 Million, EPS Climbs to €0.25

Reuters
Jun 04
<a href="https://laohu8.com/S/TKAMY">ThyssenKrupp AG</a> Q2 24/25 Results: Sales Drop to €8.6 Billion, Net Income Rises to €167 Million, EPS Climbs to €0.25

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.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. ThyssenKrupp AG published the original content used to generate this news brief on June 04, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10