Thyssenkrupp’s steel division has unveiled an extensive restructuring initiative aimed at boosting competitiveness, triggering significant market attention. The German steel giant plans to reduce its workforce from 27,000 to approximately 16,000 employees by 2030, encompassing 5,000 direct job cuts and the transfer of 6,000 positions through business unit sales. This strategic overhaul comes as the company’s stock trades at €3.88, considerably below its 52-week high of €7.01. The latest quarterly results show some improvement, with losses narrowing to €1.70 per share compared to €3.23 in the previous year, while revenue remains stable at €8.81 billion.
Market Outlook and Union Response
Despite current challenges, market Analysts maintain cautious optimism, setting an average price target of €5.05 for Thyssenkrupp shares. The labor union has expressed strong opposition to the restructuring plans, demanding guarantees against compulsory redundancies and site closures. For the 2025 fiscal year, analysts project earnings of €0.761 per share, with dividends expected to hold steady at €0.150.
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Thyssenkrupp Stock: New Analysis – 04 December
Fresh Thyssenkrupp information released. What’s the impact for investors? Our latest independent report examines recent figures and market trends.
Read our updated Thyssenkrupp analysis…
Thyssenkrupp’s steel division has unveiled an extensive restructuring initiative aimed at boosting competitiveness, triggering significant market attention. The German steel giant plans to reduce its workforce from 27,000 to approximately 16,000 employees by 2030, encompassing 5,000 direct job cuts and the transfer of 6,000 positions through business unit sales. This strategic overhaul comes as the company’s stock trades at €3.88, considerably below its 52-week high of €7.01. The latest quarterly results show some improvement, with losses narrowing to €1.70 per share compared to €3.23 in the previous year, while revenue remains stable at €8.81 billion.
Market Outlook and Union Response
Despite current challenges, market Analysts maintain cautious optimism, setting an average price target of €5.05 for Thyssenkrupp shares. The labor union has expressed strong opposition to the restructuring plans, demanding guarantees against compulsory redundancies and site closures. For the 2025 fiscal year, analysts project earnings of €0.761 per share, with dividends expected to hold steady at €0.150.
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Fresh Thyssenkrupp information released. What’s the impact for investors? Our latest independent report examines recent figures and market trends.