Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Xetra  >  ThyssenKrupp AG    TKA   DE0007500001

THYSSENKRUPP AG

(TKA)
  Report  
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsOfficial PublicationsSector newsAnalyst Recommendations

Thyssenkrupp : 1Q Profit Rose; Gives Update on Restructuring

share with twitter share with LinkedIn share with facebook
share via e-mail
0
02/12/2019 | 01:18am EDT

By Nathan Allen

Thyssenkrupp AG (TKA.XE) said Tuesday that net profit rose in the first quarter of its fiscal year, and provided an update on the planned separation of its businesses.

The steel-and-technology company said net profit in the October-December period rose nearly 70% to 136 million euros ($153.7 million) from EUR81 million a year earlier.

In the year-earlier period Thyssenkrupp's earnings took a hit from the effects of U.S. tax reforms.

Sales edged up to EUR9.74 billion from EUR9.54 billion, while orders rose 8% to EUR10.11 billion, the company said.

Thyssenkrupp said the separation of its businesses into two separate companies is fully on schedule and the two companies are set to begin operations in October.

General and administrative costs for both companies should be below EUR300 million in FY21, the company said.

Thyssenkrupp confirmed its financial forecasts for the current fiscal year but warned economic and political uncertainties are growing.

Write to Nathan Allen at nathan.allen@dowjones.com

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on THYSSENKRUPP AG
07/13German Business Stars Lose Luster -- WSJ
DJ
07/12German Companies 'Are Losing Their Importance' as Big Names Struggle
DJ
07/11Elliott outspends rivals as corporate activism turns to Germany
RE
07/10THYSSENKRUPP : Minister Karliczek visits thyssenkrupp steel mill Company moving ..
AQ
07/10THYSSENKRUPP : to build the world's most advanced forging line in Homburg/Saarla..
PU
07/10THYSSENKRUPP : to Open Forging Line in Germany
DJ
07/08KONE : Thyssenkrupp says it still wants to float its elevators unit
RE
07/05Marshall Wace Bets Big Against BASF
DJ
07/02THYSSENKRUPP : Additive Manufacturing to generate US$100 billion economic value ..
PU
07/02THYSSENKRUPP SETS CLEAR TARGETS : Group aims to be climate neutral by 2050 &ndas..
PU
More news
Financials (EUR)
Sales 2019 40 228 M
EBIT 2019 985 M
Net income 2019 230 M
Debt 2019 3 586 M
Yield 2019 1,33%
P/E ratio 2019 17,7x
P/E ratio 2020 9,28x
EV / Sales2019 0,27x
EV / Sales2020 0,27x
Capitalization 7 137 M
Chart THYSSENKRUPP AG
Duration : Period :
thyssenKrupp AG Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends THYSSENKRUPP AG
Short TermMid-TermLong Term
TrendsBearishNeutralBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 15
Average target price 15,3  €
Last Close Price 11,5  €
Spread / Highest target 74,2%
Spread / Average Target 32,8%
Spread / Lowest Target -12,9%
EPS Revisions
Managers
NameTitle
Guido Kerkhoff Chief Executive & Financial Officer
Martina Merz Chairman-Supervisory Board
Martin Holz Chief Information Officer
Bernhard Pellens Member-Supervisory Board
Wilhelm Segerath Member-Supervisory Board
Sector and Competitors
1st jan.Capitalization (M$)
THYSSENKRUPP AG-23.46%8 047
NUCOR6.49%16 489
ARCELORMITTAL-18.51%16 395
POSCO--.--%16 170
NIPPON STEEL CORP-1.51%15 484
NOVOLIPETSK STEEL PAO4.90%14 432