The new ThyssenKrupp-Group (i.e. Steel Europe is shown as discontinued) generated earnings that were pretty much in line with consensus expectations but were slightly lower than we had expected. Order inflow and revenue were up by 6% to €8.13bn and 3% to €7.94bn, respectively. EBIT fell by 40% to €142m and net earnings after minorities (including €87m profit from discontinued operation) increased by 68% to €136m. Our revenue, EBIT, and net profit projections had been
12 Feb 2019
We had expected somewhat higher profits
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We had expected somewhat higher profits
thyssenkrupp AG (TKR:WBO) | 0 0 0.4% | Mkt Cap: 14,231m
- Published:
12 Feb 2019 -
Author:
Hans-Peter Wodniok -
Pages:
2
The new ThyssenKrupp-Group (i.e. Steel Europe is shown as discontinued) generated earnings that were pretty much in line with consensus expectations but were slightly lower than we had expected. Order inflow and revenue were up by 6% to €8.13bn and 3% to €7.94bn, respectively. EBIT fell by 40% to €142m and net earnings after minorities (including €87m profit from discontinued operation) increased by 68% to €136m. Our revenue, EBIT, and net profit projections had been