{
Miguel Lopez

People

}
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001122334455554433221100

thyssenkrupp reports 1 billion euro impairment on struggling steel division

Thyssenkrupp reported a €1 billion ($1.06 billion) impairment on its struggling Steel Europe division, contributing to a net loss of €1.5 billion for the fiscal year ending September 30. CEO Miguel Lopez highlighted the need for decisive actions regarding strategic issues and emphasized efforts to enhance performance amid ongoing structural challenges in the sector.
CNBC
Euro thyssenkrupp AG DEU Miguel Lopez
Finance & Economy, News Article
08:16 19.11.2024
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