التفاصيل البيبلوغرافية
| العنوان: |
Thyssenkrupp Writes Down Steel Unit Again as Energy Crisis Bites. |
| المؤلفون: |
Wilkes, William |
| المصدر: |
Bloomberg.com; 11/22/2023, pN.PAG-N.PAG, 1p |
| مصطلحات موضوعية: |
ENERGY shortages, ECONOMIC forecasting, STEEL prices, STEEL, ENERGY industries, VALUE (Economics) |
| الشركة/الكيان: |
THYSSENKRUPP AG |
| مستخلص: |
Thyssenkrupp AG, a German conglomerate, has written down the value of its steel business by €1.8 billion ($1.96 billion) due to high energy costs and a worsening economic outlook. This has resulted in a net loss of €1.98 billion for the company's financial year. The steel unit has struggled to break even due to high investment requirements and low steel prices, and the recent increase in energy prices has further impacted its earnings. Thyssenkrupp is in talks to sell half of the unit to Czech billionaire Daniel Kretinsky. The company is undergoing a restructuring and has reaffirmed its mid-term targets. [Extracted from the article] |
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| قاعدة البيانات: |
Complementary Index |
