0953 GMT - There are sparks of hope for Thyssenkrupp in 2025 after the German industrial company's first-quarter earnings rose and it lifted its cash flow guidance, Baader Helvea analyst Christian Obst says in a research note. Among the positive elements lying ahead for investors are Thyssenkrupp's expected internal portfolio decisions as well as European Union decisions regarding tighter import quotas, which might support a bottoming out of steel demand and prices, Obst says. Thyssenkrupp guided for a sales decline of 0% to 3% for the fiscal year, having previously expected 0% to 3% growth. Baader Helvea expects a 0.3% increase in sales. Thyssenkrupp shares trade 9.2% higher to 4.95 euros. (pierre.bertrand@wsj.com)
(END) Dow Jones Newswires
February 13, 2025 04:53 ET (09:53 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.