Thyssenkrupp raises outlook again as global recovery takes hold
[FRANKFURT] German conglomerate Thyssenkrupp on Tuesday raised its full-year outlook for the second time in three months, boosted by a global economic recovery that drove demand for steel, car parts and materials.
The group now expects adjusted earnings before interest and tax to reach a mid triple-digit million euro amount in the year to September, having previously forecast to almost break even.
REUTERS
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Share with us your feedback on BT's products and services
TRENDING NOW
On the board but frozen out: The Taib family feud tearing Sarawak construction giant apart
Thai and Vietnamese farmers may stop planting rice because of the Iran war. Here’s why
PayPal plans job cuts as its new CEO pursues turnaround strategy
MAS, bank CEOs convene over AI cyberthreats; boards told to own risks, not leave to IT teams