|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||10.00 - 10.00|
|52-week range||4.48 - 14.38|
|Beta (5Y monthly)||2.31|
|PE ratio (TTM)||0.50|
|Forward dividend & yield||N/A (N/A)|
|Ex-dividend date||04 Feb 2019|
|1y target est||N/A|
Thyssenkrupp is affected by supply chain disruptions at its suppliers, clients and logistics partners due to the floods that have hit western Germany, it said on Tuesday. "The flood disaster in Germany has so far had only a very minor direct impact on Thyssenkrupp's sites," the company said. "However, Thyssenkrupp is indirectly affected by disruptions to supply chains at individual suppliers, customers and logistics partners," it said, adding that disruptions on rail lines had cut off supplies of materials needed for manufacturing to individual locations and affected shipments to customers.
FRANKFURT (Reuters) -Thyssenkrupp's closely watched cash flow plunged deeper into the red in the second quarter, hit by restructuring costs and investments that overshadowed a guidance upgrade on the back of stronger demand and prices. Shares in the German conglomerate fell as much as 9.6% after the group said that negative free cash flow before mergers and acquisitions (M&S) widened to 750 million euros ($911 million), worse than analysts at Jefferies and JP Morgan had expected. Returning to positive cash flow has been one of the key targets of the submarines-to-bearings group in its efforts to win back confidence among investors and to prove it has a sustainable business model.
Thyssenkrupp's steel unit must cut costs to reach a point where it no longer needs financial support from the group, Chief Executive Martina Merz said in an internal memo to staff seen by Reuters on Friday. Her remarks come after the group cancelled an extraordinary supervisory board meeting originally scheduled for March 12 to decide whether to sell the steel division to Britain's Liberty Steel. Thyssenkrupp last month terminated sale talks, saying the two sides were far apart on issues like value and funding.