ThyssenKrupp’s top-line numbers were very good in Q2 16/17. Order inflow was up by 33% to €12.0bn and sales increased by 12% to €11.0bn. These translated into ytd numbers of €21.9bn (+17%) and €21.1bn (+8.7%), respectively. However, the profit numbers were clearly disappointing and considerably lower than what we had anticipated. H1 EBITDA fell by 6.4% to just above €1.0bn (we had expected €1.21bn) and EBIT (excluding Steel Americas) was down by 19% to &eur
12 May 2017
Gearing (incl. pension provisions) up from 470% to 590% since September 2016
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Gearing (incl. pension provisions) up from 470% to 590% since September 2016
thyssenkrupp AG (TKR:WBO) | 0 0 0.4% | Mkt Cap: 14,231m
- Published:
12 May 2017 -
Author:
Hans-Peter Wodniok -
Pages:
3
ThyssenKrupp’s top-line numbers were very good in Q2 16/17. Order inflow was up by 33% to €12.0bn and sales increased by 12% to €11.0bn. These translated into ytd numbers of €21.9bn (+17%) and €21.1bn (+8.7%), respectively. However, the profit numbers were clearly disappointing and considerably lower than what we had anticipated. H1 EBITDA fell by 6.4% to just above €1.0bn (we had expected €1.21bn) and EBIT (excluding Steel Americas) was down by 19% to &eur