ThyssenKrupp AG (TKAG.DE) Key Developments | Reuters.com
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ThyssenKrupp AG (TKAG.DE)

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Latest Key Developments (Source: Significant Developments)

ThyssenKrupp confirms FY 2014/2015 outlook
Friday, 13 Feb 2015 01:00am EST 

ThyssenKrupp AG:Full-year outlook for 2014/2015 remains unchanged.FY 2014/2015 Group’s sales are expected to grow by a single-digit percentage rate.Adjusted EBIT will improve to at least 1.5 billion euros in FY 2014/2015.Executive Board also expects a substantial improvement in net income (prior year 195 million euros) in FY 2014/2015.FY 2013/2014 reported revenue 41.3 billion euros.FY 2014/2015 EBIT estimate 1.7 billion euros - Thomson Reuters I/B/E/S.FY 2014/2015 revenue estimate 42.7 billion euros - Thomson Reuters I/B/E/S.FY 2014/2015 net income estimate 647.3 million euros - Thomson Reuters I/B/E/S.  Full Article

ThyssenKrupp AG sells ship repair business to Seafort Advisors
Monday, 22 Dec 2014 07:00pm EST 

ThyssenKrupp AG:Sells ship repair business Emder Werft und Dockbetriebe shipyard to Seafort Advisors GmbH.Shipyard to be sold had annual sales of around 19.5 million euros with 55 staff.Says shipyard business to focus on building surface vessels and submarines.  Full Article

ThyssenKrupp AG acquires Lift & Engineering Services Ltd.
Sunday, 7 Dec 2014 07:00pm EST 

ThyssenKrupp AG:Has acquired Lift & Engineering Services Ltd.Says purchase price was not disclosed.  Full Article

ThyssenKrupp AG gives FY 2014/2015 outlook in line with analysts' estimates; proposes dividend
Thursday, 20 Nov 2014 01:05am EST 

ThyssenKrupp AG:Says outlook for FY 2014/2015 sales and EBIT up.Says for FY 2014/2015 group's sales are expected to grow year-on-year by single-digit percentage rate.Says group's adjusted EBIT for FY 2014/2015 is expected to improve to at least 1.5 billion euros.Says aim is to achieve significant improvement in group's net income for FY 2014/2015.FY 2013/2014 adjusted EBIT of 1.3 billion euros.FY 2013/2014 net income attributable to shareholders of 210 million euros.FY 2013/2014 sales from continuing operations 41.3 billion euros.FY 2014/2015 revenue estimate 42.21 bln euros - Thomson Reuters I/B/E/S.FY 2014/2015 EBIT estimate 1.67 bln euros - Thomson Reuters I/B/E/S.FY 2014/2015 net income estimate 681.14 mln euros - Thomson Reuters I/B/E/S.Says is proposing the payment of dividend of 0.11 euros per share (last dividend 0.45 euros in fiscal year 2010/2011).  Full Article

ThyssenKrupp AG says to start talks with Airbus Group NV about possible buy-out of 49 percent stake in Atlas Elektronik-Reuters
Monday, 15 Sep 2014 08:00pm EDT 

ThyssenKrupp AG:Plans to start talks with Airbus Group NV about a possible buy-out of Airbus' 49 percent stake in submarine supplier Atlas Elektronik-Reuters.  Full Article

ThyssenKrupp AG slight upgrade FY 2014 earnings outlook; reaffirms FY 2014 revenue outlook; gives Q4 2014 sales and EBIT outlook - Conference Call
Thursday, 14 Aug 2014 08:00am EDT 

ThyssenKrupp AG:Slight upgrade FY 2014 earnings outlook, and expect to double EBIT adjusted and a break even to slight positive net income.Sales expectations remain unchanged for FY 2014.Expect quarter on quarter seasonally weaker sales and EBIT in Q4 2014.FY 2014 revenue of 40.250 bln Euros, net income of 366.84 mln Euros, EBIT of 1.183 bln Euros - Thomson Reuters I/B/E/S.Q4 2014 revenue of 10.473 bln Euros - Thomson Reuters I/B/E/S.  Full Article

ThyssenKrupp AG announces sale of Swedish shipyard activities ThyssenKrupp Marine Systems AB to Saab AB completed
Tuesday, 22 Jul 2014 06:01am EDT 

ThyssenKrupp AG:Says sale of Swedish shipyard ThyssenKrupp Marine Systems AB with facilities in Malmo, Karlskrona and Musko to Saab is complete.Says with closing ThyssenKrupp Industrial Solutions received purchase price of 340 million Swedish kronor (around 37 million euros).  Full Article

Thyssenkrupp CEO says unclear how steel mergers would happen

DUISBURG, Germany The chief executive of German industrial group Thyssenkrupp, Heinrich Hiesinger, told journalists on the sidelines of an industry event on Monday it was unclear whether, how or with whom the European steel market would consolidate.