Thyssenkrupp warns of bleak outlook as recession looms
Source: Reuters
Proposes 2021/22 dividend of 0.15 euros per shareWarns of falling sales and operating profit in 2022/23Shares down 1.7%FRANKFURT/ESSEN, Germany, Nov 17 (Reuters) - German industrial group Thyssenkrupp (TKAG.DE) on Thursday warned that sales and profit will "nosedive" next year as high inflation and energy costs are compounded by expected recession in Europe.The warning took the shine off the group's proposal for…
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