Meanwhile, adjusted EBIT, which ThyssenKrupp considers a more informative indicator, jumped to EUR198 million from EUR19 million a year earlier, driven by business restructuring and cost reductions. Profitability in this indicator rose to 2.4% from 0.2% a year earlier.
Analysts on average had forecast adjusted EBIT of EUR231 million, according to LSEG. billion
ThyssenKrupp expects revenue to decrease by up to 3% by the end of the current fiscal year. Previously, a change in the range from growth of 1% to a reduction of 2% was assumed. Experts predict a decrease of 1%.
ThyssenKrupp's stock prices are down 1.9% during trading on Tuesday. The company's capitalization has grown by almost 9% since the beginning of this year (to 6.4 billion euros), while the stock index has fallen by 1.5%




