Thyssenkrupp Nucera AG & Co. KGaA Q4 Profit Drops - Update


Thyssenkrupp Nucera AG & Co. KGaA Q4 Profit Drops - Update

For the full year, thyssenkrupp nucera AG & Co. KGaA (THYKF) expects sales of 850 million euros to 950 million euros, with EBIT of negative 30 million euros to positive 5 million euros.

The company however noted, "both sales and EBIT development will be largely dependent on the execution of the existing contractually agreed projects."

Q4 Earnings:

thyssenkrupp reported a profit for fourth quarter that decreased from the same period last year

The company's bottom line came in at Euro11 million, or Euro0.09 per share. This compares with Euro24 million, or Euro0.22 per share, in last year's fourth quarter.

The company's revenue for the quarter rose 30.4% to Euro862 million from Euro661 million last year.

thyssenkrupp nucera AG & Co. KGaA earnings at a glance (GAAP) :

-Earnings (Q4): Euro11 Mln. vs. Euro24 Mln. last year.

-EPS (Q4): Euro0.09 vs. Euro0.22 last year.

-Revenue (Q4): Euro862 Mln vs. Euro661 Mln last year.

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