Thyssenkrupp AG reports Q3 results

* Thyssenkrupp AG press release [https://www.thyssenkrupp.com/en/newsroom/press-releases/pressdetailpage/thyssenkrupp-delivers-solid-business-performance-in-the-3rd-quarter-of-20242025-300389] (OTCPK:TYEKF [https://seekingalpha.com/symbol/TYEKF]): Q3 net loss of €255M (prior year: net loss of €33M).
* Sales at €8.2B (prior year: €9B) due to price and demand factors.
* Adjusted EBIT improves to €155M (prior year: €149M): APEX performance program delivers positive earnings effects.
* For the 2024/2025 fiscal year, the group is now assuming sales in a range of (7) percent to (5) percent (previously: (3) percent to 0 percent).
* As a consequence, thyssenkrupp has also narrowed the forecast for adjusted EBIT and now predicts a figure at the lower end of the range between €600 million and €1,000 million.

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