Investor Relations Presentation
Performance improvements throughout the group overshadowed by price normalization at MX and SE
FY 22/23 EBIT adj. [€ mn]
178
203
223
320
80
(132)
IC
703
(169)
MX Lower margins due to absence of record
prices from prior year; total shipments up
AT
Higher cost base overall only partially offset
by efficiency measures and pass-throughs;
BG with continued competition (wind China)
and omission one-timer; FT with weaker
demand (cars), downtime and maintenance
Volume increase as well as price and
efficiency measures vs. higher factor costs
(e.g. personnel, material, energy)
Normalization of spot market price
development and higher costs (mainly
energy)
MS Focus on performance improvement;
performance initiatives secure margins in
new orders and stabilize profitability of order
backlog
MT Absence of positive earnings contributions
from sold businesses and decline at AE
overcompensated by sig. improvements in
other businesses
Margin 1.9%
SE
MX
IC
AT
SE
MS
MT
HQ/
Others
ΔΥΟΥ
(659)
(31)
114
(880)
49
41
7
Group
(1,359)
19 thyssenkrupp AG | Investor Relations | December 2023View entire presentation