Risk report
Diversified product and customer structure reduces risks
Thanks to our systematic and efficient risk management system, risks at ThyssenKrupp are contained and manageable. There are no risks threatening the existence of the Company. Business risks are well controlled. On major projects, intensive project controls ensure that set objectives are achieved and variances identified in good time. Our global presence limits the market and cyclical risks of price and volume developments in individual regions. Furthermore, our diversified product and customer structure reduces our sales risks. We hedge against financial risks among other things with derivative financial instruments. The information contained in the risk report in the 2006/2007 Annual Report is still valid.
We report on pending lawsuits, claims for damages and other risks in Note 7.