26
Jul
15:33
Thyssenkrupp lowers profit forecast for fiscal year
Based on the preliminary results for its third fiscal quarter, thyssenkrupp group has lowered its profit expectation for the full fiscal year, which runs from October 2023 through September 2024.
The group had earlier forecasted revenue below the previous year, but now details that sales will be 6-8% lower than in fiscal 22/23. Adjusted pre-tax profit (Ebit) is seen at €500 million ($543m). Previously, the group expected a figure in the high three-digit milli…
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Anonymous
Very good overview of the weekly steel market.
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