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flag Thyssenkrupp lost €334M in Q1 2026 due to restructuring, weak demand, and job cuts, but affirmed its full-year forecast.

flag Thyssenkrupp posted a first-quarter net loss of €334 million, up from €33 million last year, due to €401 million in steel division restructuring charges and impairment losses. flag Sales fell 8% to €7.2 billion amid weak European demand, while adjusted EBIT rose to €211 million on efficiency gains. flag The company remains on track with its ACES2030 plan, advancing the spin-off of Marine Systems and negotiations to sell Steel Europe to Jindal. flag Workforce reductions continue, with 1,100 jobs cut so far. flag Free cash flow before M&A was negative €1.5 billion, consistent with seasonal trends. flag The company reaffirmed its full-year forecast despite investor concerns over cash flow and a 3.2% share dip.

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