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Thyssenkrupp cuts sales outlook, investments on weak global trade
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Thyssenkrupp cuts sales outlook, investments on weak global trade
Aug 13, 2025 10:11 PM

FRANKFURT, Aug 14 (Reuters) - German conglomerate

Thyssenkrupp cut its 2025 investments and sales

outlook on Thursday, blaming weak demand for its products as

U.S. President Donald Trump's import tariffs disrupt global

trade of autos, machines and building materials.

The company, with a broad portfolio that includes

steelmaking and submarine production, now expects sales to fall

5-7% in the current fiscal year. It previously expected sales to

drop by up to 3%.

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