Thyssenkrupp lowers sales forecast amid steel weakness
Thyssenkrupp cut its 2026 sales outlook due to weak steel demand. Operating profit fell to 65 million euros, missing analyst forecasts for the second quarter.
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THYSSENKRUPP AG lowered its 2026 sales forecast to a 3% decline on Tuesday morning. The Germany-based conglomerate previously projected a range between a 2% drop and 1% growth. Persistently weak steel demand and automotive sector stagnation weigh on the European market.
