Tag «materials business»

thyssenkrupp stable despite price falls in materials business / revised targets for 2015/16 achieved / cash flow significantly higher than expected

Adjusted EBIT: around €1.5 billion Net income: €261 million Savings well above target at almost €1 billion Earnings and cash flow in fourth quarter higher year-on-year Despite difficult market conditions, the industrial and technology group thyssenkrupp achieved and in some cases exceeded its revised targets for the 2015/2016 fiscal year. Net income was stable at …