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thyssenkrupp AG (0O1C.IL)

IOB - IOB Delayed price. Currency in EUR
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4.6980+0.0760 (+1.64%)
At close: 04:36PM GMT
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Previous close4.6220
Bid4.6240 x 0
Ask4.7460 x 0
Day's range4.5860 - 4.7140
52-week range4.2940 - 7.7660
Avg. volume1,389,533
Market cap3.27B
Beta (5Y monthly)2.05
PE ratio (TTM)9.03
Earnings dateN/A
Forward dividend & yield0.15 (2.32%)
Ex-dividend date06 Feb 2023
1y target estN/A
  • Reuters

    German union warns Thyssenkrupp against steel spin-off shortcuts

    DUESSELDORF, Germany (Reuters) -IG Metall, Germany's largest union, warned Thyssenkrupp on Tuesday against taking shortcuts in its ongoing efforts to restructure and sell the group's steel division. Knut Giesler, who heads the union in Thyssenkrupp's home state of North-Rhine Westphalia said it would be "unacceptable" for the steel unit to devise its own turnaround plan. His comments come a day after the steel unit's chair said a turnaround plan would be presented in April and that neither production cuts nor layoffs could be ruled out.

  • Reuters

    Thyssenkrupp steel division faces 'fundamental reorganisation', says chairman

    Thyssenkrupp's steel workers must brace for a major revamp that could include cuts in production capacity as well as jobs, the division's supervisory board chairman told a German newspaper. Sigmar Gabriel, a former German economy minister, said that Thyssenkrupp's steel business could not continue the way it was and that the division was in need of "a fundamental reorganisation".

  • Reuters

    Thyssenkrupp steel workers warn against big restructuring

    Thyssenkrupp's labour representatives on Wednesday warned the German conglomerate's management against cutting jobs or capacity as part of an expected sale of its steel division. Concerned Thyssenkrupp may take such steps as part of a planned partial sale to Czech energy group EPH, workers said they had hired a consultancy to come up with future scenarios that would preserve the steel unit's current size and scope. "We are not ruling anything out, but it remains clear to us that we want to keep Stahl in its current size," Tekin Nasikkol, who heads Thyssenkrupp's works council and sits on the group's supervisory board, said in a handout seen by Reuters.