thyssenkrupp AG (TKA.HA)

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8.80

+1.27

+(16.80%)

At close: March 3 at 7:11:35 PM GMT+1

Steelmaker Thyssenkrupp Soars as Defense Gains Add to IPO Merits

(Bloomberg) -- Shares of Thyssenkrupp AG jumped the most in four and a half years as investors focused on the German steelmaker’s plans to conduct an initial public offering of its submarine-making unit at a time when Europe is trying to boost military spending. Most Read from BloombergWhy Barcelona Bought the Building That Symbolizes Its Housing CrisisProgressive Portland Plots a ComebackPor qué Barcelona compró el edificio que simboliza su crisis inmobiliariaA Filmmaker’s Surreal Journey Into

Bloomberg 14 days ago

TKA.DE
thyssenkrupp First Quarter 2025 Earnings: €0.08 loss per share (vs €0.50 loss in 1Q 2024)

thyssenkrupp ( ETR:TKA ) First Quarter 2025 Results Key Financial Results Revenue: €7.83b (down 4.3% from 1Q 2024). Net...

Simply Wall St. 15 days ago

TKAMY
+15.38%
TYEKF
-0.22%
Is There An Opportunity With thyssenkrupp AG's (ETR:TKA) 33% Undervaluation?

Key Insights The projected fair value for thyssenkrupp is €7.01 based on 2 Stage Free Cash Flow to Equity...

Simply Wall St. 18 days ago

TKAMY
+15.38%
TYEKF
-0.22%
Thyssenkrupp raises cash flow outlook on defence division strength

Industrial conglomerate Thyssenkrupp raised its free cash flow outlook on Thursday due to a strong performance at its warship division, which has gained momentum in light of a tighter focus on security after the outbreak of the Ukraine war. Thyssenkrupp said a major submarine order from the German military in December had led to an advance payment of 1 billion euros ($1.04 billion) during the first quarter, in what it says is a "changed security policy environment" for defence firms. The news highlights the strength of Thyssenkrupp's marine business, TKMS, which makes submarines, frigates, and sensor and mine-hunting technology, ahead of the planned spin-off of a minority stake either this year or next.

Reuters 18 days ago

TKA.DE
Thyssenkrupp CEO predicts decisive year in company's transformation

The CEO of German industrial group Thyssenkrupp said on Monday that 2025 would be a decisive year for the group's ongoing transformation. "The current business year will be a year of decision-making when it comes to our portfolio," CEO Miguel Lopez said in a transcript of his speech to shareholders, to be delivered at the company's annual general meeting on Friday. He added that Thyssenkrupp's embattled steel business would cut around 5,000 jobs and outsource a further 6,000 positions to contractors.

Reuters last month

TKA.DE
German-Indian JV emerges as sole contender for $5 billion India submarine deal

German shipbuilder ThyssenKrupp and its Indian partner have cleared field trials for building six advanced conventional submarines for the Indian Navy, according to an exchange filing, emerging as the sole contender for the $5 billion project. Their potential rival, Spanish state-held shipbuilder Navantia, which partnered with India's Larsen & Toubro (L&T), could not meet the navy's requirements in trials held in 2024 for testing key technologies, an Indian defence source said. The project is crucial to India's effort to modernise its military and boost its naval capabilities in the face of China's growing presence in the Indian Ocean region.

Reuters last month

TKAMY
+15.38%
thyssenkrupp's (ETR:TKA) Dividend Will Be €0.15

thyssenkrupp AG ( ETR:TKA ) has announced that it will pay a dividend of €0.15 per share on the 5th of February. This...

Simply Wall St. 2 months ago

TKAMY
+15.38%
TYEKF
-0.22%
Thyssenkrupp (XTRA:TKA) faces hurdles in Steel Europe despite green tech and €4.4B net cash boost

thyssenkrupp continues to make strides in innovation and sustainability, with recent developments highlighting its commitment to CO2-neutral cement technology and green hydrogen production. Despite financial challenges in its Steel Europe division and a modest revenue growth forecast, the company maintains a strong net cash position and is actively pursuing strategic growth opportunities in emerging markets. The company report delves into key areas such as financial performance, internal...

Simply Wall St. 2 months ago

TKAMY
+15.38%
TYEKF
-0.22%
Thyssenkrupp: expert opinion gives positive view for steel business

DUESSELDORF, Germany (Reuters) -An expert opinion on the financial needs of Thyssenkrupp's crisis-hit steel division has given a positive view on its ability to continue as a going concern, the parent company said on Sunday. Thyssenkrupp said in a written response to a Reuters query that on the basis of the report, the parent company had made a financing commitment to secure the liquidity of the steel business for the next two years. "This means that there is now clarity regarding the financing situation of the steel division," said the company in its written response, confirming a report in Der Spiegel weekly.

Reuters 3 months ago

TKA.DE
Trending tickers: Alphabet, Super Micro, Trump Media, Imperial Brands and Mulberry

The latest investor updates on stocks that are trending on Tuesday.

Yahoo Finance UK 3 months ago

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Thyssenkrupp takes $1 billion hit on steel unit as outlook darkens

ESSEN, Germany (Reuters) -Thyssenkrupp has written down the value of its steel division by another 1 billion euros ($1.06 billion), blaming the sector's worsening outlook as weak demand and Asian competition weigh on German industry's ability to compete. The impairment, the second in as many years, drove the German conglomerate to an annual net loss of 1.5 billion euros. However, its shares jumped as much as 10% as analysts said the writedown could ease the sale of a stake in the troubled steel business while welcoming an unexpected positive cash flow at the group level.

Reuters 3 months ago

TKA.DE
Stocks to watch this week: Nvidia, Walmart, Imperial Brands, JD Sports and Royal Mail

Earnings preview of key companies reporting this week and what to look out for.

Yahoo Finance UK 3 months ago

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EUR=X
Fincantieri SpA (FNCNF) Q3 2024 Earnings Call Highlights: Strong Order Intake and Backlog ...

Fincantieri SpA (FNCNF) reports robust revenue growth and a significant increase in order intake, while navigating financial constraints and high leverage.

GuruFocus.com 3 months ago

TKA.DE
Individual investors account for 49% of thyssenkrupp AG's (ETR:TKA) ownership, while institutions account for 45%

Key Insights Significant control over thyssenkrupp by individual investors implies that the general public has more...

Simply Wall St. 4 months ago

TKAMY
+15.38%
TYEKF
-0.22%
Exclusive-Carlyle quits bidding process for Thyssenkrupp marine arm

FRANKFURT (Reuters) -Private equity firm Carlyle has dropped out of a bidding process for the warship division of stricken conglomerate Thyssenkrupp, the German company said on Tuesday. Carlyle's withdrawal as a suitor for Thyssenkrupp Marine Systems (TKMS) is a major blow to Thyssenkrupp's restructuring, which also includes plans for a 50:50 steel joint venture with Czech billionaire Daniel Kretinsky. "We can confirm that the investment company Carlyle Group has informed us that it is withdrawing from the bidding process for the investment in Thyssenkrupp's marine division," Thyssenkrupp said in a response to emailed questions.

Reuters 4 months ago

CG

TKA.DE
Germany's Thyssenkrupp reviews green steel production plans, shares fall

FRANKFURT (Reuters) -Germany's Thyssenkrupp said on Monday it is reviewing its plans for the production of green steel, casting doubt over its ambitions to use hydrogen in its push to decarbonise what is one of the most polluting industrial processes. "We are continuously examining the best and most economically viable solutions under the given conditions in terms of technology and results in order to make Thyssenkrupp's steel business climate-neutral in the long term," it said. The comments came in response to a report in German business daily Handelsblatt, citing internal documents as saying the group was considering halting a 3 billion euro ($3.3 billion) hydrogen-based direct reduction project that forms the core of its decarbonisation strategy.

Reuters 4 months ago

TKAMY
+15.38%
Investors in thyssenkrupp (ETR:TKA) from five years ago are still down 71%, even after 6.9% gain this past week

Some stocks are best avoided. We don't wish catastrophic capital loss on anyone. Anyone who held thyssenkrupp AG...

Simply Wall St. 4 months ago

TKAMY
+15.38%
TYEKF
-0.22%
Thyssenkrupp works council says steel leadership crisis puts sale at risk

Thyssenkrupp's planned sale of its steel business is at risk over uncertainty following a leadership crisis at the unit, the head of the German conglomerate's works council said on Friday. His comments come after Thyssenkrupp Steel Europe (TKSE) said late on Thursday its chairman, chief executive and five other supervisory and management board members would leave, reflecting a deepening dispute over the steel unit's future.

Reuters 5 months ago

TKA.DE
thyssenkrupp Third Quarter 2024 Earnings: €0.087 loss per share (vs €0.13 profit in 3Q 2023)

thyssenkrupp ( ETR:TKA ) Third Quarter 2024 Results Key Financial Results Revenue: €8.99b (down 6.4% from 3Q 2023). Net...

Simply Wall St. 6 months ago

TKAMY
+15.38%
TYEKF
-0.22%
Thyssenkrupp shares slide on disappointing Q3 results

Invessting.com -- Shares of Thyssenkrupp AG (ETR:TKAG) fell on Wednesday after the steelmaker reported disappointing third-quarter results.

Investing.com 6 months ago

TKA.DE

Performance Overview

Return	TKA.HA	DAX P
YTD	+131.46%	+16.26%
1-Year	+94.16%	+30.52%
3-Year	+2.34%	+68.98%

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thyssenkrupp AG (TKA.HA)

Steelmaker Thyssenkrupp Soars as Defense Gains Add to IPO Merits

thyssenkrupp First Quarter 2025 Earnings: €0.08 loss per share (vs €0.50 loss in 1Q 2024)

Is There An Opportunity With thyssenkrupp AG's (ETR:TKA) 33% Undervaluation?

Thyssenkrupp raises cash flow outlook on defence division strength

Thyssenkrupp CEO predicts decisive year in company's transformation

German-Indian JV emerges as sole contender for $5 billion India submarine deal

thyssenkrupp's (ETR:TKA) Dividend Will Be €0.15

Thyssenkrupp (XTRA:TKA) faces hurdles in Steel Europe despite green tech and €4.4B net cash boost

Thyssenkrupp: expert opinion gives positive view for steel business

Trending tickers: Alphabet, Super Micro, Trump Media, Imperial Brands and Mulberry

Thyssenkrupp takes $1 billion hit on steel unit as outlook darkens

Stocks to watch this week: Nvidia, Walmart, Imperial Brands, JD Sports and Royal Mail

Fincantieri SpA (FNCNF) Q3 2024 Earnings Call Highlights: Strong Order Intake and Backlog ...

Individual investors account for 49% of thyssenkrupp AG's (ETR:TKA) ownership, while institutions account for 45%

Exclusive-Carlyle quits bidding process for Thyssenkrupp marine arm

Germany's Thyssenkrupp reviews green steel production plans, shares fall

Investors in thyssenkrupp (ETR:TKA) from five years ago are still down 71%, even after 6.9% gain this past week

Thyssenkrupp works council says steel leadership crisis puts sale at risk

thyssenkrupp Third Quarter 2024 Earnings: €0.087 loss per share (vs €0.13 profit in 3Q 2023)

Thyssenkrupp shares slide on disappointing Q3 results

Performance Overview