thyssenkrupp Reports Positive Cash Flow and Strategic Progress in 2024/2025

Financial Performance

In fiscal year 2024/2025, thyssenkrupp reported a 15% increase in order intake, reaching €37.7 billion, primarily due to major orders at Marine Systems. Sales, however, declined by 6% to €32.8 billion due to challenging market conditions. Despite this, adjusted EBIT rose to €640 million, a 13% increase from the previous year, supported by the APEX performance program. Free cash flow before M&A was positive for the third consecutive year, at €363 million, significantly higher than the previous year's €110 million.

Strategic Transformation

thyssenkrupp is undergoing a strategic transformation with the introduction of the ACES 2030 model, aiming to become a financial holding company. This involves transitioning businesses to stand-alone solutions open to third-party investment. Key milestones include the stock market listing of TKMS and progress in the steel business realignment.

Segment Developments

Marine Systems saw significant order growth, while Automotive Technology and Decarbon Technologies faced demand challenges. Materials Services is shifting towards a supply chain service model, with investments in North America and digital solutions. Steel Europe is implementing a strategic realignment, including capacity adjustments and investments in a new finishing complex in Duisburg.

Future Outlook

For fiscal year 2025/2026, thyssenkrupp forecasts adjusted EBIT between €500 million and €900 million, with free cash flow before M&A expected to range from €(600) million to €(300) million. The company plans to continue efficiency and restructuring measures, particularly in the steel and automotive sectors, to improve earnings and maintain financial targets.