thyssenkrupp

Steel Europe is to achieve an adjusted EBITDA of at least €1.2 billion in the medium term; operational restructuring and efficiency measures are expected to contribute more than €800 million toward the target. More than half of the measures are already contractually agreed and around 4,000 of roughly 11,000 jobs have been cut; the separation of Hüttenwerke Krupp Mannesmann is complete. Initial improvements appeared in the third quarter of 2025/26, but a sustainably rising cash flow remains decisive to enable independent financing and value creation for Thyssenkrupp shareholders. » Więcej na deraktionaer.de

As part of a realignment of the Automotive Technology division, 160 to 180 positions will be cut at the Essen and Ennepetal sites. Primarily affected are roles in development and engineering as well as operational control and quality management; tasks are to be shifted to international competence centers and capacities adjusted. Shock absorber production in Ennepetal remains unaffected, the new organizational structure is to start on January 1, 2027; the stock briefly traded at €14.57 on XETRA. » Więcej na finanzen.net

The steel division of thyssenkrupp is targeting a mid-term adjusted EBITDA of at least €1.2 billion with a margin of at least 11 percent and positive free cash flow. Ongoing restructuring measures and a cost-efficiency program are expected to contribute more than €800 million to EBITDA; of roughly 11,000 planned job cuts about 4,000 have already been implemented. The goal remains to spin off the steel business in Europe, with thyssenkrupp possibly retaining a minority stake. The share price reacted with a sharp decline. » Więcej na finanzen.net