thyssenkrupp AG Q3 2023 Earnings Call Transcript - Thomson StreetEvents

thyssenkrupp AG Q3 2023 Earnings Call Transcript

thyssenkrupp AG Q3 2023 Earnings Call Transcript - Thomson StreetEvents
thyssenkrupp AG Q3 2023 Earnings Call Transcript
Published Aug 10, 2023
Published Aug 10, 2023
Price US$ 54.00  |  Buy this Report Now

About This Report

  
Abstract:

Edited Transcript of TKAG.DE earnings conference call or presentation 10-Aug-23 9:00am GMT

  
Report Type:

Transcript

Source:
Company:
Thyssenkrupp AG
Ticker
TKAG.DE
Time
9:00am GMT
Format:
PDF Adobe Acrobat
Buy Now

The following is excerpted from the question-and-answer section of the transcript.

(Questions from industry analysts are provided in full, but answers are omitted - download the transcript to see the full question-and-answer session)

Question: Christian Obst - Baader-Helvea Equity Research - Analyst : I have a question concerning personnel, number of employees. So despite the fact that you talked about a lot of restructuring and made a lot of restructuring over the last years. When I'm looking into those decisions, I see that almost every division added personnel over the last 3 years. Beside Multi Tracks of course, can you give us some kind of an idea why you added this kind of personnel despite all of that kind of restructuring and performance improvement targets? REFINITIV STREETEVENTS | www.refinitiv.com | Contact Us consent of Refinitiv. 'Refinitiv' and the Refinitiv logo are registered trademarks of Refinitiv and its affiliated companies. AUGUST 10, 2023 / 9:00AM, TKAG.DE - Q3 2023 thyssenkrupp AG Earnings Call


Question: Christian Obst - Baader-Helvea Equity Research - Analyst : Yes. Mainly by investments.


Question: Christian Obst - Baader-Helvea Equity Research - Analyst : Okay. Then I have a question concerning the status of the current transformation process or how you call it in Marine Systems. Steel Europe, and you do not mention automotive systems. There was the idea about the possible joint venture with the Japanese company that was canceled. And do you have also any idea for the future of the automotive business? What is the current status currently now at Marine Systems for the next step of Steel Europe. Can you describe this, please?


Question: Christian Obst - Baader-Helvea Equity Research - Analyst : Not only...


Question: Christian Obst - Baader-Helvea Equity Research - Analyst : Okay. And Mr. Lopez maybe last question is concerning you have a net cash position now EUR 3 billion something will be -- will exceed or should exceed EUR 4 billion at the end of this business year -- what kind of is your position? Do you like to wait with that kind of net cash position until all of the more big transformation steps are done then with the Europe Marine System and so on? Or do you have from other ideas how to use the cash also for shareholders?


Question: Christian Obst - Baader-Helvea Equity Research - Analyst : Okay. Maybe a last one. The current -- what can you -- what would you add attentions to Steel Europe in the current integration?

Table Of Contents

thyssenkrupp AG Annual Shareholders Meeting Transcript – 2025-01-31 – US$ 54.00 – Edited Transcript of TKAG.DE shareholder or annual meeting 31-Jan-25 9:00am GMT

thyssenkrupp AG Q4 2024 Earnings Call Transcript – 2024-11-19 – US$ 54.00 – Edited Transcript of TKAG.DE earnings conference call or presentation 19-Nov-24 11:00am GMT

thyssenkrupp AG Q3 2024 Earnings Call Transcript – 2024-08-14 – US$ 54.00 – Edited Transcript of TKAG.DE earnings conference call or presentation 14-Aug-24 9:00am GMT

thyssenkrupp AG Q1 2024 Earnings Call Transcript – 2024-02-14 – US$ 54.00 – Edited Transcript of TKAG.DE earnings conference call or presentation 14-Feb-24 10:00am GMT

thyssenkrupp AG Annual Shareholders Meeting Transcript – 2024-02-02 – US$ 54.00 – Edited Transcript of TKAG.DE shareholder or annual meeting 2-Feb-24 9:00am GMT

Half Year 2023 thyssenkrupp AG Earnings Call Transcript – 2023-05-11 – US$ 54.00 – Edited Transcript of TKAG.DE earnings conference call or presentation 11-May-23 9:00am GMT

thyssenkrupp AG Q1 2023 Earnings Call Transcript – 2023-02-14 – US$ 54.00 – Edited Transcript of TKAG.DE earnings conference call or presentation 14-Feb-23 10:00am GMT

thyssenkrupp AG Capital Market Update (Virtual) Transcript – 2022-11-25 – US$ 54.00 – Edited Transcript of TKAG.DE corporate analyst meeting</ 25-Nov-22 12:00pm GMT

thyssenkrupp AG Q4 2022 Earnings Call Transcript – 2022-11-17 – US$ 54.00 – Edited Transcript of TKAG.DE earnings conference call or presentation 17-Nov-22 1:00pm GMT

thyssenkrupp AG Q3 2022 Earnings Call Transcript – 2022-08-11 – US$ 54.00 – Edited Transcript of TKAG.DE earnings conference call or presentation 11-Aug-22 12:00pm GMT

More from Thomson StreetEvents

Thomson StreetEvents—Thomson StreetEvents is a leading provider of Web-based solutions for the investment community, offering services that transform the way companies communicate and meet disclosure requirements while assisting investors in managing and leveraging this information. Thomson StreetEvents service offers institutional investors a one-stop solution for managing corporate disclosure information by aggregating conference calls, webcasts, transcripts, call summaries, and other financial information into a time-saving, efficiency tool.
Purchase Thomson StreetEvents' Transcripts (verbatim reports) and Briefs (call summaries) of earnings, guidance, M&A and other corporate calls directly through Alacra. Discounted prices apply to reports produced over two weeks ago.

About the Author


Cite this Report

  
MLA:
Thomson StreetEvents. "thyssenkrupp AG Q3 2023 Earnings Call Transcript" Aug 10, 2023. Alacra Store. Nov 06, 2026. <http://www.alacrastore.com/thomson-streetevents-transcripts/Q3-2023-thyssenkrupp-AG-Earnings-Call-T15676336>
  
APA:
Thomson StreetEvents. (2023). thyssenkrupp AG Q3 2023 Earnings Call Transcript Aug 10, 2023. New York, NY: Alacra Store. Retrieved Nov 06, 2026 from <http://www.alacrastore.com/thomson-streetevents-transcripts/Q3-2023-thyssenkrupp-AG-Earnings-Call-T15676336>
  
US$ 54.00
$  £  €
Have a Question?

Any questions about the report you're considering? Our Customer Service Team can help! Or visit our FAQs.

More Research

Search all our Credit Research from one place.