A summary of German diversified industrial group Thyssenkrupp's financial results for the first quarter of its 2019/20 financial year, ended December 31, including its steelmaking and steel-related divisions.
In brief Earnings fall due to "difficult economic environment" and market situation at Thyssenkrupp Steel Europe; sales stable despite economic headwinds.Materials businesses affected by price, volume losses.Payment of fine in heavy plate cartel case of ?,?370 million ($403 million).Steel Europe performance "characterized by the structurally extremely challenging situation in the steel sector."Overall...