Thyssenkrupp 2023 sales to fall by less than 10% – CFO

This post was originally published on this site

https://i-invdn-com.investing.com/trkd-images/LYNXMPEIAG0NG_L.jpg

FRANKFURT (Reuters) – Thyssenkrupp (ETR:TKAG) expects sales to fall by less than 10% in 2023, its chief financial officer told analysts on Thursday after presenting full-year results.

“It won’t be a two-digit number,” Klaus Keysberg said when asked to quantify the decline. He had earlier said revenues were expected to “nosedive”, not elaborating further.