Investor Relations Presentation
SE
Higher shipments and lower cost base offset by lower spot-market price levels
Shipments [kt]
(3)%
Comments YoY
Investment Highlights
1 ||
2,263 2,552
2,324
Shipments slightly lower, mainly driven by industry
customers (packaging steel)
#1 German and #2 EU producer of premium steel
products
2
Strong strategic position in the centre of Europe
Green Transformation - strong positioning in
3
Sales [€ mn]
green steel market
(19)%
Core portfolio benefitting from global
.
3,538
3,251 2,864
Lower spot-market price levels across all customer
groups
4
electrification & decarbonization mega trends
EBIT adj. [€ mn; €/t]
EBITDA
adj.
285
(126/t)
255
(100/t)
119
(51/t)
•
221
(167)
190
54
Sig. lower spot-market price levels, partly offset by
cost improvements (e.g. raw materials and energy)
Q4 21/22
Q3 22/23
Q4 22/23
1. Cycle and risk adjusted averages targets | 2. Excl. green transformation; ratio BCF/EBIT as reported
55
thyssenkrupp AG | Investor Relations | December 2023
5 | Turnaround program in execution
Mid-term targets¹
•
Shipments 11.0 mt
•
Adj. EBITDA of ~€100/t
•
⚫ EBIT adj. margin of 6-7%
•
BCF >€300 mn
•
Cash Conversion Rate² >0.4View entire presentation