Thyssenkrupp keeps outlook, expects more stable environment in H2

thyssenkrupp nucera AG & Co KgaA

15/05/2025 06:00

FRANKFURT, May 15 (Reuters) - Thyssenkrupp TKAG.DE kept its outlook for the fiscal year and expects a more stable market environment in the second half of 2025, it said on Thursday, after lower prices and demand as well as maintenance-related shutdowns caused quarterly profit to plunge.

The German conglomerate said it still expects adjusted operating profit (EBIT) of 600 million to 1 billion euros ($671 million to $1.1 billion) and free cash flow before M&A of between 0 and 300 million euros.

($1 = 0.8948 euros)

 (Reporting by Christoph Steitz; Editing by Lisa Shumaker)

 ((christoph.steitz@thomsonreuters.com; +49 30 220 133 647;))