Thyssenkrupp announces the results

For the first 9 months of 2012/2013, the financial year (October 1, 2012 - June 30, 2013), THYSSENKRUPP received 28.3 billion euros from orders of ongoing operations, which is 8 percent lower compared to the previous year.

The portfolio of orders from ongoing operations at the end of the period was 11 percent higher than last year and reached the level of 24 billion euros, which provides a high degree of use of production capacities and makes certainty when planning a business project. Sales from ongoing activities in the first 9 months of 2012/2013 decreased by 9 percent to 27.4 billion euros compared to last year's period.

In the 3rd quarter, profit without percentage and taxes amounted to 332 million euros, which is much higher than 241 million euros in the previous quarter and in full accordance with the annual plan. Profit minus taxes amounted to 262 million euros, of which 298 million euros belongs to the shareholders of the company Thyssenkrupp AG.

Even without an influx of funds from the sale of assets, free cash flow increased by about 1.1 billion euros. As a result, Thyssenkrupp has achieved progress in reducing its pure financial debt, which has decreased by the annual calculus by about 5 billion euros.

Henry Khisinger, Executive Chairman of the Thyssenkrupp AG board, said: “Operating income and free cash flow clearly show a positive trend. A significant increase in orders of our enterprise, the introduction of new technologies allows us to think that we manage to carry out strategic measures within the framework of the Corporate Program 2015. This should change our corporate culture and contribute to further improvement in our work.”