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Thyssenkrupp raises outlook again as global recovery takes hold

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Published Tue, May 11, 2021 · 05:05 AM

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    [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

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