Marine Systems New Orders
Record-breaking new orders at Marine Systems, including 4 new submarines for the German government and a civil icebreaking scientific research vessel, Polarstern II. Order backlog now exceeds €16 billion, showcasing competitive position and growth potential.
Positive Free Cash Flow Trajectory
thyssenkrupp expects to achieve positive free cash flows for the third consecutive year, a first in 20 years, confirming EBIT adjusted guidance and increasing free cash flow guidance on the back of net prepayments received from Marine Systems.
APEX 2.0 and Restructuring Success
The rollout of the enhanced APEX program has contributed to improved Q1 results with a focus on structural performance improvement projects and execution resilience. Restructuring efforts are paving the way for future profitability.
Steel Europe Profitability
Despite sales challenges, Steel Europe reported a significantly improved EBIT due to compensation for electricity prices and lower raw materials costs, marking a positive financial outlook.
Decarbon Technologies Growth
Decarbon Technologies segment is expanding with organic growth of 10%, driven by water electrolyzers and chlor-alkali businesses, with improved project execution reducing nonconformity costs.