Thyssenkrupp's marine systems business has a good outlook, but the other businesses are struggling amid trade breakdowns and general economic malaise. The company which is big in steel is planning an overall capitulation in the business, permanently reducing supply, and looking to sell more of the business to outside investors. Restructuring in German businesses is tough since trade unions are ...
thyssenkrupp AG (OTCPK:TYEKF) Q2 2025 Results Conference Call May 15, 2025 6:00 AM ET Company Participants Andreas Troesch - Investor Relations Miguel Lopez - Chief Executive Officer Jens Schulte - Chief Financial Officer Conference Call Participants Boris Bourdet - Kepler Cheuvreux Bastian Synagowitz - Deutsche Bank Dominic O'Kane - JPMorgan Krishan Agarwal - Citi Christian Obst - Baader Bank ...
Thyssenkrupp 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.
Thyssenkrupp's steel unit said on Wednesday that it has reached an agreement in principle with the IG Metall union around the planned restructuring of Germany's largest steel maker, adding its aim was to avoid forced layoffs.
Im Streit über den geplanten Abbau von Arbeitsplätzen haben sich Thyssenkrupp DE0007500001 Steel und die IG Metall angenähert.
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