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Management report on the Group

The global financial and economic crisis hit the business of the ThyssenKrupp Group hard. Order intake and sales fell sharply in 2008/2009; for the first time since the merger in 1999, the Group reported negative earnings before taxes. Employee numbers also declined. All segments were affected with the exception of Elevator. This management report on the Group provides details of our business performance in the past fiscal year, our measures to combat the crisis and our expectations for the future.