thyssenkrupp AG
ISIN: DE0007500001
WKN: 750000
25 July 2024 07:46PM

EQS-Adhoc: thyssenkrupp AG: thyssenkrupp AG adjusts outlook for FY 2023/24

thyssenkrupp AG · ISIN: DE0007500001 · EQS - adhoc news
Country: Germany · Primary market: Germany · EQS NID: 1954583

EQS-Ad-hoc: thyssenkrupp AG / Key word(s): Forecast/Annual Results
thyssenkrupp AG: thyssenkrupp AG adjusts outlook for FY 2023/24

25-Jul-2024 / 19:46 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


thyssenkrupp AG adjusts outlook for FY 2023/24

Based on the preliminary results for the third quarter of the current fiscal year and the updated forecast for the full year, thyssenkrupp AG is adjusting its outlook for FY 2023/24. The main reason for this is the continued challenging market environment, which is leading to a significant decline in sales in the current financial year, among other things. The market is not expected to stabilize in the short term in the current fiscal year. The efficiency improvement measures introduced as part of the APEX performance program are successfully mitigating the negative developments of the market, but cannot fully compensate for these effects.

thyssenkrupp AG expects the following results for the 2023/24 financial year:

  • The Group now expects sales to decline by between 6-8 percent compared to the previous year. Previously, the Group expected sales to be below the previous year.
  • For adjusted EBIT, the Group now expects a figure € > 500 million. Previously, the Group had expected a figure in the high three-digit million € range.
  • The Group now expects free cash flow before M&A to be in the range of € -100 million. The Group had previously expected a decline to a positive figure in the low three-digit million euro range.

All other figures will be updated and communicated as part of the third-quarter results scheduled for release on August 14.

 

Contact:

Andreas Trösch
Head of Investor Relations
T: +49-201-844-536464

Frank Grodzki
Head of Communications
T: +49-152-21830826
 


End of Inside Information

25-Jul-2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com


Language: English
Company: thyssenkrupp AG
thyssenkrupp Allee 1
45143 Essen
Germany
Phone: +49 (0)201 844-0
Fax: +49 (0)201 844-536000
E-mail: press@thyssenkrupp.com
Internet: www.thyssenkrupp.com
ISIN: DE0007500001
WKN: 750000
Indices: MDAX
Listed: Regulated Market in Dusseldorf, Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 1954583

Weitere Informationen im Internet unter Investor Relations Further information can be found on our website under Investor Relations
 
End of Announcement EQS News Service

1954583  25-Jul-2024 CET/CEST

fncls.ssp?fn=show_t_gif&application_id=1954583&application_name=news&site_id=boersengefluester~~~ace3d64b-2049-452a-8d18-fbc8044c4b5f

Boersengefluester.de (BGFL) provides an overview of the key figures on sales, earnings, cash flow and dividends to help you better assess the fundamental development of the respective companies. All information is entered manually in our database - the source is the respective annual reports. All estimates for future figures are provided by BGFL.

The most important financial data at a glance
  2019 2020 2021 2022 2023 2024e 2025e
Sales1 34.036,00 28.899,00 34.015,00 41.140,00 37.536,00 35.041,00 35.394,00
EBITDA1,2 648,00 -1.080,00 1.416,00 3.248,00 1.679,00 895,00 2.640,00
EBITDA-Margin3 1,90 -3,74 4,16 7,90 4,47 2,55 7,46
EBIT1,4 -515,00 -5.260,00 443,00 1.772,00 -1.986,00 -1.070,00 2.640,00
EBIT-Margin5 -1,51 -18,20 1,30 4,31 -5,29 -3,05 7,46
Net Profit (Loss)1 -1.110,00 -5.541,00 -25,00 1.220,00 -1.986,00 -1.450,00 340,00
Net-Margin6 -3,26 -19,17 -0,07 2,97 -5,29 -4,14 0,96
Cashflow1,7 72,00 -3.326,00 92,00 617,00 2.064,00 1.353,00 1.800,00
Earnings per share8 -0,49 -8,91 -0,18 1,82 -3,33 -2,42 0,40
Dividend per share8 0,00 0,00 0,00 0,15 0,15 0,15 0,15
Quelle: boersengefluester.de and Company information
Explanation

1 in Mio. Euro; 2 EBITDA = Earnings before interest, taxes, depreciation and amortisation; 3 EBITDA in relation to sales; 4 EBIT = Earnings before interest and taxes; 5 EBIT in relation to sales; 6 Net profit (-loss) in relation to sales; 7 Cashflow from operations; 8 in Euro; Source: boersengefluester.de

Auditor: KPMG

All relevant valuation ratios, dates and other investor information on your share at a glance. Good to know: All data comes from boersengefluester.de and is updated daily. This means you are always up to date. You can get brief explanations of the key figures by moving the cursor or mouse over the relevant field.

INVESTOR-INFORMATION
©boersengefluester.de
ThyssenKrupp
WKN ISIN Legal Type Marketcap IPO Recommendation Plus Code
750000 DE0007500001 AG 2.446,55 Mio € 25.03.1999 Kaufen 9F38FX7V+27
* * *
PE 2026e PE 10Y-Ø BGFL-Ratio Shiller-PE PB PCF KUV
10,62 18,83 0,56 -2,86 0,26 1,81 0,07
Dividends
Dividend '2022
in €
Dividend '2023
in €
Dividend '2024e
in €
Div.-Yield '2024e
in %
0,15 0,15 0,15 3,82%
Financial calendar
Annual General Meeting Q1-figures Q2-figures Q3-figures Annual press conference
31.01.2025 13.02.2025 15.05.2025 14.08.2025 19.11.2024
Performance
Distance 60-days-line Distance 200-days-line Performance YtD Performance 52 weeks IPO
Last Price (EoD)
-1,97%
3,93 €
ATH 46,92 €
+8,23% +0,26% +0,23% -36,39% +0,00%

Advertising is an important revenue channel for us. But we understand, that sometimes it becomes annoying. If you want to reduce the number of shown ADs just simply login to your useraccount and manage the settings from there. As registered user you get even more benefits.
          Qualitätsjournalismus · Made in Germany © 2025          
The news manufactory

Good luck with all your investments

Founded in 2013 by Gereon Kruse, the financial portal boersengefluester.de is all about German shares - with a clear focus on second-line stocks. In addition to traditional editorial articles, the site stands out in particular thanks to a large number of self-developed analysis tools. All tools are based on a completely self-maintained database for more than 650 shares. As a result, boersengefluester.de produces Germany's largest profit and dividend forecast.

Contact

Idea & concept: 3R Technologies   
boersengefluester.de GmbH Copyright © 2025 by Gereon Kruse #BGFL