thyssenkrupp AG (TKA.F)
| Previous close | 4.8250 |
| Open | 4.8520 |
| Bid | 4.7990 x 280700 |
| Ask | 4.8000 x 280400 |
| Day's range | 4.7910 - 4.8790 |
| 52-week range | 4.3000 - 7.5000 |
| Volume | |
| Avg. volume | 15,884 |
| Market cap | 3B |
| Beta (5Y monthly) | 1.97 |
| PE ratio (TTM) | N/A |
| EPS (TTM) | N/A |
| Earnings date | N/A |
| Forward dividend & yield | 0.15 (3.11%) |
| Ex-dividend date | 05 Feb 2024 |
| 1y target est | N/A |
- 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.
- Simply Wall St.
With 61% ownership, thyssenkrupp AG (ETR:TKA) boasts of strong institutional backing
Key Insights Institutions' substantial holdings in thyssenkrupp implies that they have significant influence over the...
