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Thyssenkrupp has reported a net profit of €532 million for the 2024–25 financial year, with gains driven primarily by the spin-off of its marine business and ongoing restructuring in its steel division. The result marks a sharp turnaround from the previous year’s net loss and reflects decisive portfolio actions aimed at reshaping the German industrial group into a more focused holding structure.
A key contributor was the partial separation of Thyssenkrupp Marine Systems (TKMS), which was listed independently while Thyssenkrupp retained a majority stake. The marine unit, supported by a strong order backlog, delivered solid earnings that bolstered group profitability. At the same time, the company advanced a major overhaul of its steel operations, agreeing on capacity cuts and investments in hydrogen-ready technologies at its Duisburg site to improve long-term competitiveness and cut CO₂ emissions.
Despite the positive bottom line, Thyssenkrupp cautioned that restructuring costs and a challenging demand environment, especially in automotive and steel, will continue to weigh on future earnings. Management emphasised that the latest profit is a milestone in its transformation journey, but further portfolio streamlining and efficiency measures remain essential to deliver sustainable value.
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