Thyssenkrupp Trims Sales View While Keeping Profit Target Intact

Thyssenkrupp AG maintained its key earnings and cash-flow targets, while striking a more cautious note on sales because of heightened geopolitical uncertainty and its impact on international markets.

The German conglomerate said it still expects negative free cash flow before mergers and acquisitions of as much as €600 million ($707 million) in the fiscal year ending Sept. 30, 2026, reflecting restructuring costs. It maintained a forecast for adjusted earnings before interest and taxes of as much as €900 million. The company also nudged down its less-scrutinized sales outlook, now forecasting revenue between a 3% decline and flat year-on-year.