In the other businesses, the group sees a glimmer of hope. "Depending on the dynamics of just the beginning of the recording of the production at the customers again expected to ThyssenKrupp for the 4. Quarter, with the possible exception of Steel Europe in almost all shops a stable development or a slight improvement compared to the previous quarter.“
Still, he expects in the final quarter with a negative adjusted Ebit of the continuing operations in the mid-to-higher three-digit million Euro range. For the full year, a loss of 1.7 to 1.9 billion euros was likely.
“in the Meantime, although we see signs of stabilization. However, the upcoming restructuring and tidying up of our balance sheet will continue to weigh on earnings in the current quarter,“ pointed out Merz. "With the Proceeds from the Elevator business, we can tackle these overdue measures are finally consistent." ThyssenKrupp had sold in the spring of his only-yield pearl for 17.2 billion euros.Updated Date: 13 August 2020, 18:19