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.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.