Chemical Industry News, Data & Insights

thyssenkrupp: From Decisions to Implementation in Transformation Journey

Key highlights
  • TKMS listed on MDAX with shares trading 20% above issue price and a record order backlog of €18.2 billion.
  • thyssenkrupp AG share value increased by 135% over 12 months.
  • ACES 2030 model introduced for group transformation into a financial holding company.
  • Dividend of €0.15 per share approved for fiscal year 2024/2025.

Annual General Meeting Outcomes

The Annual General Meeting for fiscal year 2024/2025, held at the RuhrCongress in Bochum, approved all agenda items. Around 600 shareholders attended, and the meeting ratified the acts of the Supervisory and Executive Boards.

Financial Performance and Market Moves

thyssenkrupp AG's share value increased by 135% over 12 months. TKMS was successfully listed on the MDAX, with shares trading 20% above the issue price and a record order backlog of €18.2 billion.

Strategic Transformation

The company introduced the ACES 2030 model, aiming to transform thyssenkrupp into a financial holding company with strong, independent entities. Key steps were taken for the steel business, including a restructuring agreement with IG Metall.

Board Elections and Dividend

The meeting re-elected seven members to the Supervisory Board, including Chairman Prof. Dr. Siegfried Russwurm. A dividend of €0.15 per share was approved for the fiscal year 2024/2025.