Learn languages naturally with fresh, real content!

Popular Topics
Explore By Region
Thyssenkrupp lost €334M in Q1 2026 due to restructuring, weak demand, and job cuts, but affirmed its full-year forecast.
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.
Sales fell 8% to €7.2 billion amid weak European demand, while adjusted EBIT rose to €211 million on efficiency gains.
The company remains on track with its ACES2030 plan, advancing the spin-off of Marine Systems and negotiations to sell Steel Europe to Jindal.
Workforce reductions continue, with 1,100 jobs cut so far.
Free cash flow before M&A was negative €1.5 billion, consistent with seasonal trends.
The company reaffirmed its full-year forecast despite investor concerns over cash flow and a 3.2% share dip.
Thyssenkrupp perdió 334 millones de euros en el primer trimestre de 2026 debido a la reestructuración, la débil demanda y los recortes de puestos de trabajo, pero confirmó su pronóstico para todo el año.