Overview
- FY 2024/25 net profit reached €532 million, driven mainly by a TK Elevator valuation uplift and the sale of Thyssenkrupp Electrical Steel India.
- The company guides to a €400–800 million net loss in 2025/26 as it books large restructuring provisions for Steel Europe and faces a tough market.
- Shares fell by roughly eight percent after the outlook, with guidance of €500–900 million in adjusted EBIT and revenue seen roughly flat year over year.
- CEO Miguel López described due diligence with Jindal Steel as intensive and trustful toward a majority stake, and the Duisburg DRI project proceeds at about €3 billion with planned public support of up to €2 billion.
- The overhaul includes a steel Sanierungsvertrag with IG Metall involving job cuts and outsourcing, a review that could put about 1,500 Essen-based corporate roles and the Delicate catering unit at risk, and a TKMS spin-off now benefiting from strong submarine orders.