Trade Resources Company News ThyssenKrupp Has Announced Financial Statements for Fiscal Year 2011/12

ThyssenKrupp Has Announced Financial Statements for Fiscal Year 2011/12

ThyssenKrupp has announced financial statements for fiscal year 2011/12. In fiscal year 2011/12, ThyssenKrupp achieved order intake from its continuing operations was €42.3 billion, down by 5% year on year. The Sales figure from continuing operations was €40.1 billion, down by 6% year on year. Meanwhile, the earnings before interest and taxes (EBIT) from continuing operations totaled €1.4 billion, decreasing from €2.8 billion in a year ago. However EBIT for the whole Group including Inoxum and Steel America was €4.4 billion, well below 1 billion from the previous year due to the losses of discontinued operations and impairment charge at Steel Americas. The net loss of the whole Group amounted to €5 billion, an increase of €3.2 billion year on year.

 

Source: http://www.yieh.com/2.2.01.01stainlesssteelnews.aspx?no=62022&division=A6
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Thyssenkrupp Posts Financial Statements for FY2011/12
Topics: Metallurgy