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thyssenkrupp AG (TKA.HM)
| Previous close | 4.9150 |
| Open | 4.7510 |
| Bid | 4.8500 x 0 |
| Ask | 4.9500 x 0 |
| Day's range | 4.6430 - 4.8600 |
| 52-week range | 4.2990 - 7.5040 |
| Volume | |
| Avg. volume | 1,973 |
| Market cap | N/A |
| Beta (5Y monthly) | N/A |
| PE ratio (TTM) | N/A |
| EPS (TTM) | N/A |
| Earnings date | 15 May 2024 |
| Forward dividend & yield | N/A (N/A) |
| Ex-dividend date | N/A |
| 1y target est | N/A |
- Reuters
UPDATE 5-Thyssenkrupp cuts profit forecast as steel demand wanes
German conglomerate Thyssenkrupp cut its annual forecasts for sales and net profit for the second time in three months, blaming lower demand and prices at its steel unit, half of which is to be sold to Czech billionaire Daniel Kretinsky. The scaled-back guidance underscores a challenging environment for companies focused on capital goods, which need to tackle elevated inflation, raw materials price swings and cooling global demand. It comes less than three weeks after Thyssenkrupp announced a deal to sell 20% of its steel business to Kretinsky's EPCG, a process that has led to a rift with powerful workers that accuse the group's CEO Miguel Lopez of not keeping them in the loop.
Simply Wall St.With 61% ownership, thyssenkrupp AG (ETR:TKA) boasts of strong institutional backing
Key Insights Institutions' substantial holdings in thyssenkrupp implies that they have significant influence over the...
ReutersThyssenkrupp rebuffs union claims regarding steel stake sale
Thyssenkrupp on Monday rejected allegations by labour representatives that it failed to adequately inform workers about its plans to sell a stake in its steel unit to Czech energy firm EPCG, adding to growing tension between the two sides. The comments underline the fragile relationship between management and unions in Thyssenkrupp's long-running effort to divest its steel business, a part of the group where workers have been particularly influential. Thyssenkrupp, meanwhile, said it had been clear for months that the group was in talks with EPCG, which is controlled by Czech billionaire Daniel Kretinsky.
