Thyssenkrupp : elevator profit margin up in first quarter - CFO

The profit margin of Thyssenkrupp's elevator division rose to more than 10.6% in the first quarter of its current fiscal year, its chief financial officer said during a capital markets day on Wednesday.

The adjusted operating profit margin was higher in the first three months of the 2019/20 fiscal year when compared to the same period last year, Ercan Keles said. Last year, the margin stood at 10.6% for the period.

(Reporting by Christoph Steitz; editing by Thomas Seythal)