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thyssenkrupp AG (0O1C.IL)

IOB - IOB Delayed price. Currency in EUR
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4.7045-0.0490 (-1.03%)
At close: 05:41PM BST
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Previous close4.7535
Bid4.6560 x 0
Ask4.7530 x 0
Day's range4.6280 - 4.7340
52-week range3.3620 - 7.5180
Avg. volume1,161,860
Market cap2.929B
Beta (5Y monthly)1.97
PE ratio (TTM)N/A
EPS (TTM)-3.9800
Earnings date14 Aug 2024
Forward dividend & yield0.15 (3.01%)
Ex-dividend date05 Feb 2024
1y target estN/A
  • Reuters

    Thyssenkrupp board approves partial sale of steel unit to billionaire Kretinsky

    FRANKFURT (Reuters) -Thyssenkrupp on Thursday said its supervisory board approved a planned sale of 20% of the conglomerate's steel division to Czech billionaire Daniel Kretinsky in the face of continued opposition from labour representatives. The German industrial group said that labour leaders, who hold half of the non-executive board's seats, voted against the deal. Board Chairman Siegfried Russwurm's vote was counted twice, which is allowed under German corporate governance laws to break a stalemate.

  • Reuters

    IG Metall threatens Thyssenkrupp over planned sale of steel unit

    Germany's most powerful union has threatened to withhold support for a partial sale of Thyssenkrupp's steel unit unless the group provides guarantees for investments, sites and jobs, a leading labour representative told weekly Welt am Sonntag. "Those are red lines for us," said Knut Giesler, who leads IG Metall's branch in North Rhine-Westphalia, where Thyssenkrupp is based. If there were no assurances in writing by a supervisory board meeting scheduled for May 23, Giesler could not imagine that labour leaders, which hold half of the committee's seats, would vote in favour of a planned sale of 20% of Thyssenkrupp's steel unit to Czech billionaire Daniel Kretinsky, he said.

  • Reuters

    UPDATE 5-Thyssenkrupp cuts profit forecast as steel demand wanes

    German conglomerate Thyssenkrupp cut its annual forecasts for sales and net profit for the second time in three months, blaming lower demand and prices at its steel unit, half of which is to be sold to Czech billionaire Daniel Kretinsky. The scaled-back guidance underscores a challenging environment for companies focused on capital goods, which need to tackle elevated inflation, raw materials price swings and cooling global demand. It comes less than three weeks after Thyssenkrupp announced a deal to sell 20% of its steel business to Kretinsky's EPCG, a process that has led to a rift with powerful workers that accuse the group's CEO Miguel Lopez of not keeping them in the loop.