Investor Relations Presentation
Q4 financials with typical seasonal impact in an ongoing challenging market environment
FCF bef. M&A less volatile
Sales
€ bn
(17)%
10.6
9.6
8.8
(19)%
EBITDA adj.
88888
464
€ mn; %
318
391
3.6%
4.8%
3.7%
EBIT adj.
(45)%
€ mn; %
243
161
1.5%
2.5%
88
1.0%
FCF bef. M&A
(968)
1,565
€ mn
347
597
1. Since 01.10.2019
Q4 21/22
Q3 22/23
Q4 22/23
17 thyssenkrupp AG | Investor Relations | December 2023
Persistent price normalization at Materials businesses
Partially weaker demand with muted market dynamics
• Normalization of spot market prices affected particularly SE
•
Restructuring program progressing and almost finalized (>85%¹)
FCF bef. M&A in positive territory in Q3 and Q4
- Progress in more balanced NWC levels
Q4 with some earlier than expected customer payments and
a solid payment profile at MSView entire presentation