Thyssenkrupp AG (DE:TKA) shares gained over 7% in anticipation of the divestment of the company’s steel business. Investors also cheered the company’s outlook of a return to sales growth and positive cash flow after seven years. As a result, Thyssenkrupp shares were among the top performers in Europe on Wednesday.
The company also proposed a dividend of €0.15 per share in its annual report, similar to last year’s payment.
Thyssenkrupp is a diversified group with multiple business segments, including industrial components, automotive technology, steel, marine systems, and more. The company operates in approximately 48 countries worldwide, showcasing its global presence and diverse range of operations.
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