Ad Hoc Releases, 2001-05-30, 02:00 AM
The ThyssenKrupp Group in the 1st half of 2000/2001
Despite the global economic slowdown, ThyssenKrupp held up well in the 1st half of 2000/2001:･ Income before taxes and minority interest improved by euro91 million to euro458 million.
･ Earnings per share at euro0.61 were euro0.28 higher than the previous year; adjusted for special effects, the figure was euro0.34.
The economic outlook for the second half of the current fiscal year remains subdued initially. However, for the full fiscal year 2000/2001 we aim to match the previous year`s pre-tax earnings, taking into account non-recurring effects. As a result of non-recurring tax effects, net income will show a significant improvement.
The Group`s net financial debt, which rose to euro8.7 billion at March 31, 2001, will be lowered by around euro0.7 billion through the sale of Ferteco. Financial debt is to be reduced further in the medium term.
The full interim report is available in German and English; both versions can also be downloaded from the internet at http://www.thyssenkrupp.com.