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Thyssenkrupp Returns to Profit, Forecasts Loss on Steel Restructuring

The reported profit reflects one-off gains from balance-sheet effects rather than an operational rebound.

Overview

  • The group posted €532 million net profit for FY 2024/25, driven mainly by a TK Elevator stake revaluation and the sale of a specialty-steel maker in India.
  • Revenue declined 6% to €32.8 billion as weaker demand and lower prices weighed on materials trading and the steel division.
  • Thyssenkrupp kept its dividend at €0.15 per share and reduced headcount to about 93,400, roughly 5% lower than a year earlier.
  • Guidance for FY 2025/26 signals broadly stable sales but a €400–800 million net loss due to restructuring provisions in the steel business.
  • The company is reviewing Jindal Steel International’s takeover offer for the steel unit and continues portfolio reshaping, including the recent TKMS listing.