thyssenkrupp Writes Off EUR1 Billion in Steel Division Value
11/19/2024 - thyssenkrupp recorded a EUR1 billion impairment on its European steel division, saying fiscal 2025 would be one of decisions, CNBC reported.
“In respect of our main strategic issues, the current fiscal year will be a year of decisions – especially for Steel Europe and Marine Systems,” chief executive officer Miguel Lopez said, according to CNBC.
“In parallel, we are seeking to further improve the performance of all our businesses and better leverage the opportunities presented by the green transformation.”
You can read more here.
“In parallel, we are seeking to further improve the performance of all our businesses and better leverage the opportunities presented by the green transformation.”
You can read more here.