TKA.MU - THYSSENKRUPP AG O.N.

Munich - Munich Delayed Price. Currency in EUR
22.94
+0.54 (+2.41%)
At close: 12:33PM CET
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Previous Close22.40
Open22.65
Bid0.00 x 0
Ask0.00 x 0
Day's Range22.65 - 22.98
52 Week Range21.15 - 27.00
Volume370
Avg. Volume1,208
Market CapN/A
BetaN/A
PE Ratio (TTM)N/A
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
  • Thyssenkrupp makes offer to workers for Tata Steel deal - sources
    Reuters14 hours ago

    Thyssenkrupp makes offer to workers for Tata Steel deal - sources

    Thyssenkrupp (TKAG.DE) has offered workers commitments on jobs and investments to get union backing for its deal with Tata Steel (TISC.NS) to merge their European steel operations, several people close to labour union IG Metall said. German industrial group Thyssenkrupp and India's Tata Steel agreed in September to merge their European steel operations, creating the continent's second largest steelmaker with revenues of 15 billion euros (13.22 billion pounds).

  • Thyssenkrupp Gets Union Ultimatum on Jobs, Plants in Tata Merger
    Bloomberg6 days ago

    Thyssenkrupp Gets Union Ultimatum on Jobs, Plants in Tata Merger

    Germany’s biggest union has given Thyssenkrupp AG until Dec. 22 to guarantee jobs and investments before the labor group will give its blessing to a joint venture with Tata Steel Ltd.

  • Reuters6 days ago

    Thyssenkrupp chairman rejects investor call for breakup - Handelsblatt

    Thyssenkrupp (TKAG.DE) Chairman Ulrich Lehner has rejected investor calls to break up the industrial group and backed top management's plan to transform the firm into a technology group, Germany's Handelsblatt reported, citing an interview. Chief Executive Heinrich Hiesinger, who has run the group since 2011, is steering the firm away from the volatile steel sector and aims to transform it into a technology group focused on car parts and elevators. Cevian Capital, which holds around 18 percent in Thyssenkrupp, has criticized the management's transformation course for failing to boost profitability and called for structural changes to the group to help it become more agile.

  • Reuters17 days ago

    ThyssenKrupp lifted by record orders as shifts from steel

    Demand for next-generation lifts and car components enabled Thyssenkrupp to report its highest annual order intake in five years as the German firm slowly exits steelmaking. Thyssenkrupp is in the middle of a major shift under Chief Executive Heinrich Hiesinger towards technology and away from the more volatile steel industry, its traditional mainstay.

  • Reuters18 days ago

    Thyssenkrupp posts record orders on elevators, components

    German engineering and steel group Thyssenkrupp posted its highest order intake in five years on Thursday, boosted by record demand for its elevators and components for the car and construction sectors. Adjusted earnings before interest and tax (EBIT) reached 1.91 billion euros, beating the 1.73 billion forecast in a Reuters poll. Hiesinger aims to transform Thyssenkrupp into a technology group and is slowly cutting ties to its traditional steelmaking business, whose roots go back more than 200 years, after a recent merger deal with Tata Steel.

  • Reuters20 days ago

    Thyssenkrupp workers increase pressure in Tata Steel JV talks

    Labour representatives have piled pressure on Thyssenkrupp in talks over the group's planned European steel joint venture with India's Tata Steel, saying they remained concerned over jobs and plants. Thyssenkrupp and Tata Steel in September announced plans for a joint venture that would create Europe's second-largest steelmaker after ArcelorMittal. Earlier this month, IG Metall, Germany's largest trade union called on management to provide guarantees for jobs, plants and future investments and has requested an independent review over whether the joint venture will be able to survive on its own.

  • Reuters2 months ago

    Kloeckner CEO says parts of Thyssenkrupp Materials would be good fit

    FRANKFURT/DUESSELDORF, Oct 25 (Reuters) - German steel distributor Kloeckner & Co sees parts of Thyssenkrupp's Materials Services unit as a good strategic fit, but has not been approached about buying some of its assets, its chief executive said. Analysts expect that Thyssenkrupp could at some point decide to sell its Materials Services business, which made 11.9 billion euros ($14 billion) of sales in its 2015/2016 fiscal year, more than twice the 5.7 billion Kloeckner generated in 2016.

  • Reuters2 months ago

    Germany promises maximum of 540 mln euros towards Israel sub buy

    Germany will make a contribution of up to 540 million euros to help finance Israel's purchase of three ThyssenKrupp submarines, or around a third of the estimated value of the deal, government spokesman ...

  • Reuters2 months ago

    Thyssenkrupp trumpets uplifting demand for next-generation elevators

    Thyssenkrupp (TKAG.DE), trying to transform itself into a technology group, is attracting strong demand for its next-generation elevators, which operate without steel cables or ropes, it said on Friday. The German group is banking on MULTI as well as internet-connected elevators as it strives to become a technology conglomerate and shift away from its core steelmaking business, which it plans to merge with Tata Steel (TISC.NS). "Demand is gigantic," Andreas Schierenbeck, chief executive of Thyssenkrupp Elevator, the group's most profitable business unit, told Reuters.

  • Thyssenkrupp creates new business unit for forging activities
    Reuters2 months ago

    Thyssenkrupp creates new business unit for forging activities

    German engineering and steel group Thyssenkrupp (TKAG.DE) has created a new unit for its global forging activities in a bid to cater to new industries and cut reliance on combustion engine parts, which still account for a large part of its business. The unit, forged technologies, was formed Oct. 1, the start of Thyssenkrupp's fiscal year, and has about 7,000 employees and sales of more than 1 billion euros ($1.2 billion), with 18 production sites and distribution in more than 70 countries. It is attached to Thyssenkrupp's components business division and will be managed from the group's headquarters in Essen.

  • Reuters2 months ago

    Thyssenkrupp creates new business unit for forging activities

    German engineering and steel group Thyssenkrupp (TKAG.DE) has created a new unit for its global forging activities in a bid to cater to new industries and cut reliance on combustion engine parts, which still account for a large part of its business. The unit, forged technologies, was formed Oct. 1, the start of Thyssenkrupp's fiscal year, and has about 7,000 employees and sales of more than 1 billion euros ($1.2 billion), with 18 production sites and distribution in more than 70 countries. It is attached to Thyssenkrupp's components business division and will be managed from the group's headquarters in Essen.

  • The Wall Street Journal2 months ago

    [$$] Thyssenkrupp to Raise Capital by 10%

    German industrial company Thyssenkrupp said Monday it would increase its share capital by 10%, a move that could raise as much as EUR1.4 billion (about $1.67 billion) in proceeds.

  • The Wall Street Journal3 months ago

    [$$] Thyssenkrupp, Tata Seal Long-Awaited European Steel Deal

    Germany’s Thyssenkrupp and India’s Tata Steel unveiled plans to fuse their steelmaking businesses in Europe—a move the two have discussed for years amid a glut of steel in the region that has depressed ...

  • The Wall Street Journal3 months ago

    [$$] Thyssenkrupp: A Success Story for European Activism

    Thyssenkrupp’s move to join its European steel operations with those of Tata Steel paves the way for a more investor-friendly structure but investors shouldn’t bank on speedy results.

  • European steel merger could see 4,000 jobs axed
    Associated Press3 months ago

    European steel merger could see 4,000 jobs axed

    BERLIN (AP) — Germany's Thyssenkrupp and Tata Steel of India signed a preliminary deal on Wednesday to merge their European steel operations, a combination that could lead to up to 4,000 job cuts.

  • The Wall Street Journal3 months ago

    [$$] European Corporate Roundup

    Maersk has sold its tankers unit for $1.17 billion, the latest move by the Danish conglomerate to break up its sprawling operations.

  • TheStreet.com3 months ago

    Thyssenkrupp and Tata Steel Sign Agreement to Merge Steel Units

    Thyssenkrupp and Tata Steel have signed an MoU to create Europe's second-largest steel producer.

  • Thyssen and Tata Sign Deal to Forge Europe’s No. 2 Steelmaker
    Bloomberg3 months ago

    Thyssen and Tata Sign Deal to Forge Europe’s No. 2 Steelmaker

    Thyssenkrupp AG and Tata Steel Ltd. reached a tentative deal to merge their European steel businesses in a bid to create the region’s second-largest producer and tackle overcapacity in the industry.

  • Merger to create new European steel giant
    Reuters Videos3 months ago

    Merger to create new European steel giant

    Germany's Thyssenkrupp and India's Tata Steel have struck a preliminary deal to merge their European steel operations in a 50-50 joint venture to create the continent's number two steelmaker after ArcelorMittal. Ciara Lee reports