Thyssenkrupp struggles continue amid challenging market environment

NAMPA / DPA
2024-11-19
Essen, Germany (dpa) - German industrial conglomerate thyssenkrupp on Tuesday reported a significant fall in sales and incoming orders in the past quarter, citing "a challenging market environment." The group's adjusted earnings before interest and taxes (EBIT) plummeted by 19% to ?567 millions ($600 million). The group attributed the decline to significantly weaker demand from the automotive, mechanical engineering and construction industries. T......
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