Thyssenkrupp sales down 4% to €7.8B in Q1 - Breaking The News

Thyssenkrupp sales down 4% to €7.8B in Q1

13 February

1 min read

EPA-EFE/CHRISTOPHER NEUNDORF

Thyssenkrupp AG said on Thursday that its sales in the first quarter of fiscal 2024/2025 landed at €7.8 billion, falling 4% compared to the same quarter a year earlier. Order intake for the period jumped 57% year on year to €12.5 billion.

Net loss attributable to shareholders was €51 million, or €0.08 per share, improving from a loss of €314 million posted in the first quarter of the previous year. EBITDA came in at €394 million, soaring 66% year on year, and adjusted EBIT amounted to €191 million.

"In the 1st quarter, we performed well in a difficult market environment overall," CEO Miguel Lopez said.

earnings thyssenkrupp

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