Report
Jeffrey Vonk
EUR 101.80 For Business Accounts Only

ThyssenKrupp’s 1Q Profit Up Due to Positive Material Price Environment; Financial Concerns Remain

ThyssenKrupp generated net profit of EUR 91 million for first-quarter 2018, a substantial improvement on the reported of EUR 15 million in the prior year. Corrected for currency and portfolio effects, ThyssenKrupp’s order intake (up 4%) and sales (up 3%) benefited strongly from organic growth in the capital goods businesses, including components technology, or CT, and elevator technology, or ET, and a recovery of spot prices in materials business areas. Despite weaker demand for wind turbine com...
Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Jeffrey Vonk

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