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ThyssenKrupp AG (TKAG.DE)

TKAG.DE on Xetra

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€23.90
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€23.92
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€23.92
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€23.67
Volume
1,369,013
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2,190,740
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€24.33
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€12.56

Latest Key Developments (Source: Significant Developments)

ThyssenKrupp raises issue amount of March 2016 bond by 100 mln euros
Friday, 18 Mar 2016 07:28am EDT 

ThyssenKrupp AG:Says has increased issue amount of 2.75 pct bond issued in March 2016 by 100 million euros to a total of 850 million​ euros.  Full Article

ThyssenKrupp AG to revamp Industrial Solutions -Handelsblatt - Reuters News
Thursday, 17 Mar 2016 09:33am EDT 

ThyssenKrupp AG:Head of the Industrial Solutions division tells Handelsblatt that Thyssenkrupp will reorganise the business to deal with slowing economies in important markets.Jens Michael Wegmann says the company is still happy with current economic developments but: "We feel the strong competition - we have to position ourselves differently".Wegmann says whether any of the division's 19,000 jobs will be cut depends less on the new organisation than on the development of order intake.  Full Article

ThyssenKrupp issues bond with a volume of 750 million euros
Monday, 29 Feb 2016 07:00pm EST 

ThyssenKrupp AG:Issues bond with a volume of 750 million euros.Bond, which was issued with a maturity of 5 years, carries a coupon of 2.75 percent p.a. at an issue price of 99.425 percent.Bond has a minimum denomination of 1,000 euros and is therefore eligible to be bought at the stock exchange by retail investors - presumably starting on March 8.  Full Article

ThyssenKrupp builds new auto parts plant in Hungary - Reuters
Tuesday, 23 Feb 2016 03:15am EST 

ThyssenKrupp AG:Is investing 100 million euros to build a new engine and steering components plant in Hungary - Reuters.  Full Article

ThyssenKrupp agrees exclusive graphite deal with Elcora
Monday, 22 Feb 2016 07:00pm EST 

ThyssenKrupp AG:Says agrees exclusive graphite marketing deal with Elcora Advanced Materials Corp.Says to be sole distributor in EU, Russia, Rurkey, USA, Canada.Says deal to run for 10 years, can be extended for further five.Says deal with Elcora, JV partner Sakura Graphite Ltd, to have volume of roughly 9,000 tonnes per year in 5 yrs.  Full Article

ThyssenKrupp AG confirms FY 2015/2016 outlook
Thursday, 11 Feb 2016 07:00pm EST 

ThyssenKrupp AG:Still expects clear improvement in net income and value added, free cash flow before M&A level with prior year and adjusted EBIT of between 1.6 billion and 1.9 billion euros for FY 2015/2016.Key to achieving these targets for FY 2015/2016, besides performance of material markets, will once again be efficiency measures, which are expected to achieve EBIT effects of 850 million euros.  Full Article

ThyssenKrupp wins major order in Munich
Wednesday, 20 Jan 2016 07:00pm EST 

ThyssenKrupp AG:Wins major order in Munich.102 escalators for MVG-local transport network in Munich.  Full Article

ThyssenKrupp wins major orders from car industry - Reuters
Thursday, 3 Dec 2015 03:09am EST 

ThyssenKrupp AG:Wins major orders from car industry - Reuters.Orders could add sales of around 4.5 billion euros.  Full Article

ThyssenKrupp gives FY 2015/2016 outlook
Wednesday, 18 Nov 2015 07:00pm EST 

ThyssenKrupp AG:Growing economic uncertainties and high import pressure on materials markets, above all from Asia, are cause for concern.Feels the need to take a cautious view of FY 2015/2016.Nonetheless expects a clear improvement in net income and value added, free cash flow before M&A level with prior year and adjusted EBIT of between 1.6 billion and 1.9 billion euros.Key to achieving these targets for FY 2015/2016, besides performance of material markets, will once again be efficiency measures, which are expected to achieve EBIT effects of 850 million euros.  Full Article

ThyssenKrupp plans new engine component plant in Mexico
Tuesday, 20 Oct 2015 08:00pm EDT 

ThyssenKrupp AG:Investment decision made for new engine component plant in Mexico.Plans about 500 million euros of investments for component division in North America by 2020.To invest about 45 million euros in new plant in coming months.To start building the new plant in San Miguel de Allende in early 2016, serial production to start in 2017.  Full Article

Tata Steel offers to pay millions for pension scheme revamp - FT

Jan 13 Tata Steel Ltd has offered to pay hundreds of millions of pounds to its pension scheme to release a guarantee the fund holds over its Dutch assets, as the Indian firm moves closer to merging its European assets with Germany's Thyssenkrupp, the Financial Times reported.