Thyssenkrupp reports sales of €9.06 billion for the 2nd quarter of its financial year (i.e. Jan-Feb-March 2024), down 10% on the same period a year earlier.

Adjusted EBIT came to €184 million, down 10%, with net income (Group share) of €78 million, a reduced loss compared with Q2 2023 (€223 million).

EPS thus came to -0.13 euros, compared with -0.36 euros a year earlier.

In a market environment that remains difficult and characterized by geopolitical and trade conflicts, thyssenkrupp believes that macroeconomic developments over the course of the year will be 'difficult overall'.

thyssenkrupp continues to target triple-digit adjusted EBIT in the high range in 2024. As a reminder, adjusted EBIT for 2023 was 703 ME.


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