Thyssenkrupp Cuts Sales View to Down 3% as Geopolitical Risks Cloud Markets

1 articles · Updated · Bloomberg · May 12

Revenue is now projected to range from a 3% decline to flat in the fiscal year ending Sept. 30, 2026, as Thyssenkrupp turned more cautious on international markets.
Geopolitical uncertainty drove the downgrade, but the German conglomerate kept its core operating outlook unchanged despite the weaker sales stance.
Adjusted EBIT is still forecast at as much as €900 million, while negative free cash flow before M&A is still seen at as much as €600 million because of restructuring costs.
The update suggests Thyssenkrupp expects external market turbulence to weigh on top-line growth more than on its profit and cash-flow targets.

With sales falling, is Thyssenkrupp's profit target a sign of resilience or a precursor to deeper cuts?

Can Thyssenkrupp's public-funded green steel project succeed while it sells off parts of its core steel business?