XTRA:TKAMetals and Mining
Thyssenkrupp (XTRA:TKA) faces hurdles in Steel Europe despite green tech and €4.4B net cash boost
thyssenkrupp (XTRA:TKA) continues to navigate a complex market environment, achieving a positive free cash flow of €110 million and maintaining a strong net cash position of €4.4 billion. Despite challenges in its Steel Europe division and a subdued automotive sector, the company is making strides in green transformation with advancements in CO2-neutral cement technology and green hydrogen production. This report delves into thyssenkrupp's financial performance, strategic initiatives, and the...