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Great restructuring in the middle of the decline market

Great restructuring in the middle of the decline market

The Thyssenkrupp share experienced a remarkable downturn and fell by 1.6% to € 4.46 on Xetra, whereby the trading volume reached 868,834 shares. This decline positions the share around 21.68% below its latest 52-week high of € 5.69, although analysts have maintained a careful optimistic outlook with an average price target of € 5.13. The company’s financial trajectory shows signs of improvement, with the losses in the previous year from € 3.23 per share to be restricted to € 1.70 per share in 2024, while sales kept sales stable at € 8.81 billion. Analysts project a return on profitability with an expected profit per share of € 0.666 in the coming year and a modest increase in the dividend from € 0.150 to € 0.158 per share.

Green steel transformation

The industrial giant is establishing an ambitious transformation of its steel department and plans to reduce its workforce by around 11,000 positions of the current 27,000 employees by excretion or spin -off by around 11,000 positions. At the center of this restructuring is an investment of € 3 billion in a new climate -friendly steel production system in Duisburg, which is to replace two existing blast furnaces. This future-oriented project, which is supported by government funds of € 2 billion from federal and state sources, will initially operate natural gas before the transition to hydrogen and mark a significant step towards sustainable steel production.

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Thyssenkrupp Stock: New Analysis – February 05

Fresh Thyssenkrupp information published. What does the effects have for investors? Our youngest independent report examines the latest numbers and market trends.

Read our updated Thyssenkrupp analysis …