The Net loss amounted in the three months to end-December to 372 million euros, as the company announced on Thursday in Essen. In the prior-year quarter, Thyssenkrupp registered a profit of 60 million euros. Especially the steel business was weak. These restructuring costs impacted the group's restructuring, higher interest expenses for financial liabilities as well as expenses in connection with the planned separation of the Elevator business.

headman-profit breaks of 77 percent

Operationally, Thyssenkrupp earned adjusted for special effects, considerably less. Adjusted earnings before interest and taxes (Ebit) fell by 77 per cent to 50 million euros. The largest Geinn the Elevator business, which contributed an operating profit of 228 million euros delivered. The group's sales fell by one per cent to just under 9.7 billion euros. The Outlook was confirmed. ThyssenKrupp 11,13 EUR +0.01 in (+0,04%) Xetra

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mbe/dpa Date Of Update: 13 February 2020, 08:00