Thyssenkrupp’s Stock Surges Amid Steel Challenges!

Thyssenkrupp’s Stock Surges Amid Steel Challenges! 🏭

Shares of Germany’s Thyssenkrupp soared 7.9% after narrowing its yearly net loss to €1.5 billion, down from €2 billion last year.

💶 Despite a €1 billion impairment in its struggling Steel Europe division, the company posted €151 million in adjusted Q4 earnings, beating expectations.

⚙️ CEO Miguel Lopez calls this a “year of decisions,” with plans to restructure Steel Europe into an independent unit and explore selling Marine Systems.

Green transformation and higher free cash flow (€4.4B) are boosting investor confidence. Thyssenkrupp is on the move!

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