Thyssenkrupp cuts sales outlook after steel and automotive weakness weigh on results
Published on: May 12, 2026, 11:19 a.m. | Source: The Economic Times
German conglomerate Thyssenkrupp has lowered its 2026 sales forecast. This move comes as demand weakens in its steel and automotive sectors. The company now anticipates sales to decline by up to 3%. This reflects broader economic slowdowns across Europe. Thyssenkrupp is currently restructuring its business operations.
