Financial Data and Key Metrics Changes - The company reported significant challenges due to a volatile macro environment but managed to navigate the situation effectively [4]. Business Line Data and Key Metrics Changes - Specific details regarding changes in various business lines were not provided in the available content [4]. Market Data and Key Metrics Changes - The company acknowledged the impact of the macroeconomic environment on its operations but did not provide specific market data or metrics [4]. Company Strategy and Development Direction and Industry Competition - The management emphasized active management of the current challenges and indicated a focus on strategic initiatives to adapt to the changing environment [4]. Management Comments on Operating Environment and Future Outlook - The management recognized the ongoing challenges posed by the macro environment but expressed confidence in the company's ability to manage these issues [4]. Other Important Information - The conference call included a welcome from the Investor Relations team and an introduction to the CEO and CFO, indicating a structured approach to communication with stakeholders [2][3]. Q&A Session Summary Question: What are the key challenges faced by the company? - The management highlighted the volatile macro environment as a primary challenge but did not provide specific details during the call [4].

Financial Data and Key Metrics Changes - Sales for Q1 2024 were €8.2 billion, a decrease of 9% compared to the previous year, primarily driven by lower spot market prices in the materials businesses [15][20] - Adjusted EBIT for Q1 was €84 million, in line with expectations, but down from the previous year due to lower spot market prices and a temporary decline in Decarbon Technologies [16][21] - Free cash flow before M&A was negative at €531 million, typical for the season, but the company aims for a positive figure in the low three-digit million euro range by year-end [17][30] - Net cash position decreased by €0.4 billion to €3.8 billion, with pension liabilities increasing to €6.1 billion [19] Business Line Data and Key Metrics Changes - Automotive Technology saw a slight increase in adjusted EBIT to €48 million, benefiting from lower material costs but facing higher personnel expenses [23] - Decarbon Technologies experienced a decline in adjusted EBIT by €36 million year-on-year to €17 million, affected by competition and higher costs [24] - Materials Services recorded an adjusted EBIT of €26 million, up €6 million year-on-year, supported by efficiency measures despite weak market demand [25] - Steel Europe’s adjusted EBIT decreased by €21 million to €69 million, impacted by normalization of spot market prices [26] - Marine Systems maintained stability with adjusted EBIT down €2 million to €17 million, focusing on performance improvements [26] Market Data and Key Metrics Changes - The order backlog for Marine Systems stood at €12.7 billion at the end of Q1, indicating a stable demand outlook [26] - The macro environment remains challenging, affecting sales expectations, particularly in the materials businesses [30] Company Strategy and Development Direction - The company is focused on a transformation journey, simplifying its structure to five segments and creating Decarbon Technologies to leverage green technology opportunities [5][8] - The APEX performance program is underway, aiming to stabilize earnings and improve operational performance across segments [8][21] - The company is committed to a proactive role in green transformation, with contracts signed for projects aimed at decarbonizing emission-intensive industries [9][10] Management Comments on Operating Environment and Future Outlook - Management acknowledged the ongoing challenging and volatile macro environment but confirmed that Q1 results were in line with expectations [4][14] - The full-year guidance for adjusted EBIT and free cash flow remains unchanged, with expectations for improved performance in subsequent quarters [29][30] - The company aims to pay a reliable dividend, reaffirming its commitment to shareholder returns [32] Other Important Information - The company has decided not to provide quarterly guidance moving forward, focusing instead on full-year guidance [55][56] - The company confirmed it will meet its €1.5 billion debt maturity due in February, ensuring liquidity is not a concern [62] Q&A Session Summary Question: Could the recent write-down in Steel be a prelude to a disposal? - Management clarified that the write-down was a technical adjustment related to WACC calculations and not indicative of an impending disposal [35][38] Question: What is the timeline for discussions regarding the future of the Steel Europe division? - Management stated that discussions are ongoing with no imposed deadline, focusing on building a new business plan [41][42] Question: What are the biggest factors expected to boost profits in the next nine months? - Management indicated that seasonal patterns typically show improvement in EBIT in subsequent quarters, supported by the APEX program [43][44] Question: What is the current status of annual contract negotiations in Steel Europe? - Management confirmed that contracts have been fixed above spot markets, but specific pricing details were not disclosed [57][58] Question: Is there any concern regarding the ability to repay upcoming debt? - Management confirmed that there are no liquidity issues and the €1.5 billion debt due will be repaid [61][62]

Q1 2023/24 Results Conference Call Ticker: TKA (Share) TKAMY (ADR) February 2024 | Essen engineering.tomorrow.together. Management summary Q1 23/24 Portfolio Performance Green Transformation • Simplified group structure incl. set-up of Decarbon Technologies • Sale of remaining 55% of thyssenkrupp Industries India (DT Polysius) signed • Ongoing talks on stand-alone solutions for SE and MS • Q1 numbers in line with expectations • Full-year guidance confirmed for EBIT adj. and FCF bef. M&A • Focus of the Execu ...

thyssenkrupp AG (OTCPK:TYEKF) Q4 2023 Earnings Conference Call November 22, 2023 6:00 AM ET Company Participants Claus Ehrenbeck - Head of IR Miguel López - CFO Klaus Keysberg - CFO Conference Call Participants Jason Fairclough - Bank of America Bastian Synagowitz - Deutsche Bank Christian Obst - Baader Bank Alain Gabriel - Morgan Stanley Moses Ola - JPMorgan Operator Ladies and gentlemen, welcome to the thyssenkrupp Q4 and Full Year 2022-2023 Results. [Operator Instructions] I will now hand you over to Cla ...

thyssenkrupp AG (OTCPK:TYEKF) Q3 2023 Earnings Conference Call August 10, 2023 5:00 AM ET Company Participants Claus Ehrenbeck - Head of Investor Relations Miguel López - Chief Financial Officer Klaus Keysberg - Chief Financial Officer Conference Call Participants Jason Fairclough - Bank of America Bastian Synagowitz - Deutsche Bank Alain Gabriel - Morgan Stanley Christian Obst - Baader Bank Operator Hello, and welcome to the Interim Report Nine Months 2022-2023 Call. [Operator Instructions] Please note, th ...

Q2 2022/23 Results Conference Call Ticker: TKA (Share) TKAMY (ADR) May 2023 May 2023 | Essen Q3 2022/23 Results Conference Call Ticker: TKA (Share) TKAMY (ADR) August 2023 | Essen engineering.tomorrow.together. Strong foundation to build on to tackle identified challenges CEO's observations after ~10 weeks at thyssenkrupp World-famous brand Leading technology positions Strong ties with long-standing customer base Highly motivated workforce Enabler of the green transformation Solid balance sheet incl. a net ...

Financial Data and Key Metrics Changes - In the first half of the year, sales were €19.1 billion, slightly below last year, but Q2 sales increased by 12% quarter-on-quarter [17] - EBITDA adjusted and EBIT adjusted were considerably lower year-on-year due to normalization of material prices at Materials Services and Steel Europe [19] - Free cash flow before M&A improved by more than €500 million, with a year-on-year increase of over €1 billion [20][21] - The company achieved a net cash position of €2.9 billion and improved its equity ratio to 39.8% [21] Business Line Data and Key Metrics Changes - Materials Services was affected by lower prices but saw improved EBIT adjusted quarter-on-quarter due to demand recovery and efficiency efforts [28] - Automotive Technology experienced a substantial increase of €86 million year-on-year, reflecting increased customer demand and operational improvements [30] - Steel Europe saw EBIT adjusted decrease by €493 million year-on-year, attributed to lower market prices and cost moving average effects [31] - Marine Systems continued its positive trend with an increase of €11 million year-on-year [32] - Multi Tracks reported a profit of €7 million in EBIT adjusted for the first time, supported by restructuring measures [33] Market Data and Key Metrics Changes - The company noted that fears of recession have slowed down, with GDP predictions for main regions improving [34] - The steel market is expected to stabilize, with contract renegotiations scheduled for January and April [91] - Automotive market volumes increased compared to the previous year, although supply chain issues persist [94] Company Strategy and Development Direction - The company is focused on maximizing the value and development of its businesses, including potential adjustments to ownership structures [13] - The strategic focus includes leveraging technological expertise for opportunities in the green transformation, particularly in hydrogen [12] - The company aims to maintain a solid balance sheet to navigate the macro environment and seize strategic opportunities [22] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the future, highlighting the successful transformation and improved financial KPIs [6][47] - The company expects improving market conditions and a step-up in earnings for Q3 [35] - Management emphasized the importance of execution in the next phase of transformation, with a focus on operational performance [72] Other Important Information - The company has undergone significant restructuring, with a headcount reduction of more than 10,500 [25] - The preferred option for thyssenkrupp nucera remains an IPO, contingent on capital market conditions [61] - The company is exploring partnerships in the steel business to address economic and ecological challenges [14] Q&A Session Summary Question: What value can potential partners bring to Steel Europe? - Management indicated that partners with access to hydrogen and ammonia could create synergies in steel production [52][54] Question: What are the key focus points in discussions with third parties? - The focus is on synergies in the industrial base, particularly in energy-intensive processes [56] Question: What drove the positive result in Multi Tracks? - The positive result was attributed to operational improvements, but future quarters may not reflect the same level of performance [60] Question: What is the trajectory of restructuring costs? - Restructuring costs are expected to decrease in the next fiscal year, potentially reaching a two-digit million euro figure [60] Question: What is the status of the joint venture negotiations with a Japanese partner? - Discussions are ongoing, with due diligence being more complex than anticipated [97] Question: What was the positive one-time effect on Q2 results? - A mid-2-digit million amount from a settlement regarding a quality issue with a supplier was recognized [98] Question: How are rising interest rates affecting the balance sheet? - Rising interest rates resulted in a €350 million impairment for Steel Europe, linked to the overall cash-generating unit [100] Question: Are there plans for divestment of stakes in Elevator? - There are currently no plans for divestment, although the company is free to sell stakes if desired [107]

Q1 2022/23 Results NEW ST THE I HULLE GO SELVEN I Conference Call ALBUTION CONSULTION CONSULTION CONTR Ticker: TKA (Share) TKAMY (ADR) February 2023 ng. tomorrow. STERES Q1: A confirming start into FY 2022/23 (I) EBIT adj. for all businesses in line with our forecast – FCF bef. M&A ahead of our forecast Normalization of material prices (at Materials Services) drive EBIT adj. development YoY Performance | --- | --- | --- | --- | |---------|---------------------------|-------------------------|--------------| ...

thyssenkrupp AG (OTCPK:TYEKF) Q1 2023 Earnings Conference Call February 14, 2023 5:00 AM ET Company Participants Claus Ehrenbeck - Investor Relations Klaus Keysberg - Chief Financial Officer Conference Call Participants Ingo Schachel - Exane BNP Paribas Jason Fairclough - Bank of America Bastian Synagowitz - Deutsche Bank Alain Gabriel - Morgan Stanley Tom Zhang - Barclays Rochus Brauneiser - Kepler Cheuvreux Operator Ladies and gentlemen, welcome to the thyssenkrupp Conference Call Interim Report First Qua ...

Call Start: 08:00 January 1, 0000 9:43 AM ET thyssenkrupp AG (OTCPK:TYEKF) Q4 2022 Earnings Conference Call November 17, 2022 08:00 AM ET Company Participants Claus Ehrenbeck - Investor Relations Martina Merz - CEO Klaus Keysberg - Chief Financial Officer Conference Call Participants Bastian Synagowitz - Deutsche Bank Jason Fairclough - Bank of from America Alain Gabriel - Morgan Stanley Tom Zhang - Barclays Christian Obst - Baader Bank Rochus Brauneiser - Kepler Cheuvreux Operator Dear ladies and gentlemen ...