Streetbeat News

TKAMY

thyssenkrupp AG

https://www.thyssenkrupp.com

CEO

Martina Merz

Industry

Iron and Steel Mills and Ferroalloy Manufacturing

Open

9.90

Mkt cap

6.3B

Volume

72K

High

10.18

P/E Ratio

-4.61

52-wk high

10.85

Low

9.87

Div yield

0.02

52-wk low

3.08

Thyssenkrupp plans to cut 1,800 jobs due to ongoing weakness in the automotive sector, highlighting challenges in the industry.

Portfolio Pulse from

March 06, 2025 | 1:45 pm

ThyssenKrupp has shown significant growth, with a surge of 80-100% in its recent 1Q25 results. Despite challenges, the company maintains a positive long-term outlook due to solid fundamentals and restructuring. However, short-term profit-taking is advised.

Portfolio Pulse from

March 04, 2025 | 4:30 pm

Thyssenkrupp's CEO announced that the 20% stake purchase in its steel unit by Czech billionaire Daniel Kretinsky is reversible if further collaboration talks do not succeed.

Portfolio Pulse from

January 31, 2025 | 3:45 pm

Thyssenkrupp's CEO has indicated that 2025 will be a pivotal year for the company's transformation efforts.

Portfolio Pulse from

January 27, 2025 | 2:45 pm

Thyssenkrupp's TKMS marine division has attracted interest from several companies for potential partnerships, following reports that German engine maker Deutz is interested in acquiring it.

Portfolio Pulse from

January 09, 2025 | 11:00 am

Thyssenkrupp is considering a spin-off for its marine division as the primary option for divesting its defense business. This follows reports of several suitors making offers for the unit.

Portfolio Pulse from

December 17, 2024 | 3:30 pm

Thyssenkrupp Nucera, a company involved in producing electrolysers for low-carbon hydrogen, is prepared to reallocate resources if U.S. policies under President-elect Donald Trump negatively impact the green hydrogen sector.

Portfolio Pulse from

December 17, 2024 | 11:45 am

The article maintains a positive outlook on thyssenKrupp, citing its strong balance sheet, ongoing restructuring, and strategic focus on specialized steel services and engineering as reasons for potential long-term growth despite short-term volatility.

Portfolio Pulse from

December 13, 2024 | 10:15 am

Thyssenkrupp has reported a $1 billion impairment on its steel division, indicating financial struggles within this unit.

Portfolio Pulse from

November 19, 2024 | 7:30 am

Carlyle Group has withdrawn its bid for Thyssenkrupp's defense unit due to indecision from the German government. This decision may impact Carlyle's investment strategy and Thyssenkrupp's future plans for the unit.

Portfolio Pulse from Benzinga Newsdesk

October 25, 2024 | 4:08 pm

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