ThyssenKrupp
ThyssenKrupp Reports Sales and Profits for 1st Half of 2007/2008
Course maintained, forecast for the year confirmed / Order intake and sales level with prior year / Group EBT after 6 months €1,388 milion
May 14, 2008 -- Against the background of slowing global economic growth, ThyssenKrupp maintained its course in the 1st half of 2007/2008. As expected, order intake and sales matched the strong prior-year levels, while profits were higher than anticipated.
ThyssenKrupp's Expectations for Fiscal 2007/2008 Confirmed
Group’s first-quarter earnings before major nonrecurring items €715 million / Order intake and sales level with prior-year quarter
Feb. 12, 2008 -- ThyssenKrupp performed in line with expectations in the 1st quarter 2007/2008. Order intake and sales reached the high levels of the prior-year quarter. The Group’s earnings before taxes amounted to €646 million. Before major nonrecurring items EBT was €715 million. Profits were therefore higher than planned but, as expected, lower than a year earlier. The prior-year quarter was boosted by exceptionally strong demand and very high base prices for stainless steel, which were both absent in the reporting quarter in the Stainless and Services segments.
ThyssenKrupp to Buy Back Shares Up to a Total of 3% of Capital Stock
Jan. 31, 2008 -- On the basis of the authorization granted by the Annual General Meeting on January 18, 2008, the Executive Board of ThyssenKrupp AG resolved on January 31, 2008 to purchase on the stock market up to around 15.8 million shares of the Company, representing around 3% of the capital stock, before the authorization expires on July 17, 2009. The purchase price paid per share (excluding incidental purchase costs) may not be more than 5% higher or lower than the Company’s share price determined by the opening auction in the Xetra trading system on the day of trading.
ThyssenKrupp Confirms Forecast for Current Fiscal Year
As expected, first-quarter earnings before major nonrecurring items lower than a year earlier at €700 million
Jan. 18, 2008 -- ThyssenKrupp confirms its forecast for the current fiscal year 2007/2008 and – if the economy behaves as expected – anticipates a positive performance overall in 2007/2008 and 2008/2009. Executive Board Chairman Dr. Ekkehard Schulz: “For the current fiscal year the Executive board expects sales of €53 billion and earnings before taxes and major nonrecurring items, including start-up costs for the steel mills in Brazil and the USA, of over €3 billion.”
Record Year for ThyssenKrupp
Oct. 07, 2007 -- The 2006/2007 fiscal year just ended (September 30) was the best ever for ThyssenKrupp AG, topping even last year’s outstanding performance. That was the message from Executive Board Chairman Dr. Ekkehard Schulz at a press conference marking the Annual Conference of the International Iron and Steel Institute (IISI) in Berlin. Schulz reaffirmed the forecast contained in the company’s third-quarter report, which predicted an increase in full-year earnings before taxes to around €3.6 billion excluding nonrecurring items and around €3.2 billion including nonrecurring items, and a rise in sales to over €50 billion. The Group will present concrete figures at its annual press conference in Essen on December 4, 2007.

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