Wednesday, November 22, 2017

Thyssenkrupp FY Profit From Cont. Ops. Declines; Sales Up 9% - Quick Facts

thyssenkrupp (TYEKF.PK) recorded a net loss of 591 million euros for the year ended Sept. 30, 2017 due to one-time earnings charges as a result of the sale of the Brazilian steel mill CSA in the second quarter, compared to prior year net profit of 261 million euros. After deducting minority interest, the net loss was 649 million euros. Adjusted EBIT rose 30 percent to 1.91 billion euros for the Group.

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