Thyssenkrupp has recorded third-quarter net income year-on-year up 8% to EUR134m (US$158m), although due to a single impact from the sale of CSA (Siderúrgica do Atlântico) in the second quarter the Group reported a net loss of EUR721m for the first nine months.
“In the first nine months we received new orders worth more than EUR32bn (US$37.6bn),” said Thysssenkrup CEO, Heinrich Hiesinger.
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“This is our best performance since the start of the Strategic Way Forward. Particularly pleasing is all business areas contributed to it.
“The Group’s order intake in the first nine months increased year-on-year by 16%. In the third quarter the growth was 14%. Components Technology and Elevator Technology once again reported record figures in the first nine months.
“The third capital goods division, Industrial Solutions, achieved the turnaround: After a strong first half, the business area almost doubled its third-quarter order intake year-on-year. The materials businesses profited mainly from the recovery in prices. The Group’s sales increased year-on-year by 9% in the first nine months and by 11% in the third quarter.”
