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MarketScreener Homepage  >  Equities  >  Xetra  >  ThyssenKrupp AG    TKA   DE0007500001

THYSSENKRUPP AG

(TKA)
  Report
Real-time Estimate Quote. Real-time Estimate Tradegate - 12/03 06:36:12 am
5.657 EUR   -3.10%
01:29aTHYSSENKRUPP : Upgraded to Neutral by Kepler Cheuvreux
MD
12/02THYSSENKRUPP : NorldLB remains Neutral
MD
12/02Liberty Steel to start due diligence on Thyssenkrupp steel business
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thyssenKrupp : Less short-time work at Thyssenkrupp steel, but crisis not over

10/22/2020 | 08:58am EST
FILE PHOTO: The logo of German steelmaker ThyssenKrupp AG is seen on an escalator at Frankfurt's main railways station in Frankfurt

DUESSELDORF (Reuters) - Thyssenkrupp's steel unit, which Britain's Liberty Steel wants to buy, has cut reliance on shortened working hours, a spokesman said on Thursday, adding that alone was not yet a sign of a sustainable demand recovery.

"The economic collapse caused by corona is not over yet, even though some markets show signs of recovery. How sustainable these trends are is currently unforeseeable," the spokesman said.

Thyssenkrupp, Europe's second-largest steelmaker, continues to rely on the instrument of shortened working hours but could reduce it by about a quarter compared to the summer months, he added.

The group will review the situation by the end of the year to decide whether it will still need short-time work in 2021.

(Reporting by Tom Kaeckenhoff; writing by Christoph Steitz; editing by Thomas Seythal)


© Reuters 2020
All news about THYSSENKRUPP AG
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Financials
Sales 2021 31 329 M 37 946 M 37 946 M
Net income 2021 -808 M -978 M -978 M
Net cash 2021 3 963 M 4 799 M 4 799 M
P/E ratio 2021 -5,32x
Yield 2021 -
Capitalization 3 634 M 4 391 M 4 402 M
EV / Sales 2021 -0,01x
EV / Sales 2022 0,01x
Nbr of Employees 103 598
Free-Float 58,2%
Chart THYSSENKRUPP AG
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Technical analysis trends THYSSENKRUPP AG
Short TermMid-TermLong Term
TrendsBullishNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 13
Average target price 6,65 €
Last Close Price 5,84 €
Spread / Highest target 74,7%
Spread / Average Target 13,9%
Spread / Lowest Target -16,1%
EPS Revisions
Managers
NameTitle
Martina Merz Chief Executive Officer
Siegfried Russwurm Chairman-Supervisory Board
Klaus Keysberg Chief Financial Officer
Martin Holz Chief Information Officer
Susanne Herberger Member-Supervisory Board
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