{"id":76426,"date":"2026-08-21T09:22:27","date_gmt":"2026-08-21T09:22:27","guid":{"rendered":"https:\/\/www.europesays.com\/germany\/76426\/"},"modified":"2026-08-21T09:22:27","modified_gmt":"2026-08-21T09:22:27","slug":"thyssenkrupp-raises-outlook-slightly-on-steel-warship-gains-2","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/germany\/76426\/","title":{"rendered":"Thyssenkrupp raises outlook slightly on steel, warship gains"},"content":{"rendered":"<p>    <a href=\"https:\/\/s.yimg.com\/lo\/mysterio\/api\/A9E24693FAF1BDD28B1EA50E01017A669739E1B28EB4746CE710918063E248D4\/subgraphmysterio\/resizefit_w960;quality_80;format_webp\/https:%2F%2Fmedia.zenfs.com%2Fen%2Fthe_edge_961%2F72c46f0d37203ff9eb83617ec5343164.jpg\" target=\"_blank\" rel=\"noopener noreferrer nofollow\"><img loading=\"lazy\" decoding=\"async\" src=\"data:image\/gif;base64,R0lGODlhAQABAIAAAAAAAP\/\/\/ywAAAAAAQABAAACAUwAOw==\" alt=\"\" height=\"640\" width=\"960\" class=\"yf-1f8hkhu loader\"\/><\/a>          <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">Thyssenkrupp AG raised the low end of its full-year profit guidance as it reported strength at its steel and naval divisions despite a challenging global industrial environment.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">(Aug 13): Thyssenkrupp AG raised the low end of its full-year profit guidance as it reported strength at its steel and naval divisions despite a challenging global industrial environment.\u00a0  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">Adjusted earnings before interest and taxes will be at least be 600 million euros (US$691 million) this year, up from a previous minimum of 500 million, the German engineering conglomerate said Thursday. The company also raised the floor of its 2026 net-loss outlook.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">The narrowly improved outlook underscores the contrasting fortunes across Thyssenkrupp&#8217;s sprawling portfolio as chief executive officer Miguel \u00c1ngel L\u00f3pez Borrego seeks to streamline the business.\u00a0  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">Thyssenkrupp continues to contend with subdued demand from Europe&#8217;s carmakers still producing below pre-pandemic levels, as well as elevated energy expenses following Russia&#8217;s invasion of Ukraine. Once a conglomerate that spanned steel, elevators and engineering services, the company is trying to streamline its portfolio and sharpen its focus.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">Central to that effort is the planned separation of its steel division, which has struggled for years with high costs, weak demand and low steel prices. The unit plans to hold a capital markets day at the end of September, as it prepares for a potential spinoff, with the parent company possibly retaining a minority stake, Thyssenkrupp said.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">Thyssenkrupp&#8217;s adjusted Ebit rose to 183 million during the company&#8217;s fiscal third quarter. Steel made the largest contribution to earnings, helped by restructuring, cost cuts and lower raw-material costs.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">Earnings also improved at its materials trading business, supported by higher prices and volumes. Its naval unit posted higher adjusted Ebit as its shipyards work through higher-margin submarine orders, Thyssenkrupp said.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">Uploaded by Liza Shireen Koshy  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">See Also:  <\/p>\n","protected":false},"excerpt":{"rendered":"Thyssenkrupp AG raised the low end of its full-year profit guidance as it reported strength at its steel&hellip;\n","protected":false},"author":2,"featured_media":76427,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[21243],"tags":[56359,56358,21276,21285],"class_list":["post-76426","post","type-post","status-publish","format-standard","has-post-thumbnail","category-thyssenkrupp","tag-steel-division","tag-steel-prices","tag-thyssenkrupp","tag-thyssenkrupp-ag"],"_links":{"self":[{"href":"https:\/\/www.europesays.com\/germany\/wp-json\/wp\/v2\/posts\/76426","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/germany\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/germany\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/germany\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/germany\/wp-json\/wp\/v2\/comments?post=76426"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/germany\/wp-json\/wp\/v2\/posts\/76426\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/germany\/wp-json\/wp\/v2\/media\/76427"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/germany\/wp-json\/wp\/v2\/media?parent=76426"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/germany\/wp-json\/wp\/v2\/categories?post=76426"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/germany\/wp-json\/wp\/v2\/tags?post=76426"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}