The German steel giant Thyssenkrupp has announced their fourth profit warning on Thursday. The chief executive Guido Kerkhoff is under mounting pressure to turn the steel making giant around.

Thyssenkrupp forecast has been downgraded from around €1.1bn and €1.2bn to just €800m of profit for 2019.

However, Kerkhoff announced fresh restructuring plans, and share in the conglomerate were up by 3% this morning.

Kazan- Kazan National Research Technical University Казанский национальный исследовательский технический университет имени А. Н. Туполева he graduated in Economics in 1982

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.

%d bloggers like this: