Thyssenkrupp Forecasts Loss With High Cash Burn, Costs Ahead

Thyssenkrupp AG expects to swing to a loss in the current financial year, hit by persistent weakness in the automotive sector and hefty restructuring charges.

The engineering group forecasts negative free cash flow before M&A of as much as €600 million ($698 million) in its fiscal year that ends Sept. 30, 2026. The metric is closely watched after Thyssenkrupp was forced in 2020 to sell its prized elevator division for €17.2 billion to shore up its balance sheet.