Thyssenkrupp profit beats forecast on steel, materials - The Official Website of China Metallurgical News

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Thyssenkrupp profit beats forecast on steel, materials

Release time: 2017/11/23 15:44:00 Author:

German engineering and steel group Thyssenkrupp <TKAG.DE> on Thursday reported a 30-percent rise in full-year operating profit, helped by a strong performance at its steel and materials distribution units. Adjusted earnings before interest and tax (EBIT) reached 1.91 billion euros (1.70 billion pounds) in the group’s 2016/17 financial year that ended Sept. 30, beating the 1.73 billion average forecast in a Reuters poll.

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