The medium-term goals were set by Thyssenkrupp AG as it continues to restructure its operations.
The industrial company stressed that it targets a margin of adjusted earnings before interest and taxes, between 4% -6% in the medium term.
For the year 2021 ending September 30, Thyssenkrupp’s adjusted Ebit margin was 2.3%.
The company said it was also planning significant positive cash flows before mergers and acquisitions over the same period, without becoming more specific, and that it wanted to return to stable currency payments.
Thyssenkrupp is continuing restructuring measures and has supported possible plans for an Uhde Vhlorine Engineers IPO.
For the current fiscal year 2022, Thyssenkrupp confirmed its estimates, which include adjusted Ebit between 1.5-1.8 billion Euros.
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Source From: Capital
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