thyssenkrupp AG — Earnings Release 2001

May 30, 2001

News Details

Ad-hoc | 30 May 2001 07:25

ThyssenKrupp AG english

Ad hoc announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. ——————————————————————————– THE THYSSENKRUPP GROUP IN THE 1ST HALF OF 2000/2001 Despite the global economic slowdown, ThyssenKrupp held up well in the 1st half of 2000/2001: – Income before taxes and minority interest improved by 91 million euros to 458 million euros. – Earnings per share at 0.61 euros were 0.28 euros higher than the previous year; adjusted for special effects, the figure was 0.34 euros. OUTLOOK The economic outlook for the second half of the current fiscal year remains subdued initially. However, for the full fiscal year 2000/2001 we aim to match the previous years pre-tax earnings, taking into account non-recurring effects. As a result of non-recurring tax effects, net income will show a significant improvement. The Groups net financial debt, which rose to 8.7 billion euros at March 31, 2001, will be lowered by around 0.7 billion euros through the sale of Ferteco. Financial debt is to be reduced further in the medium term. The full interim report is available in German and English; both versions can also be downloaded from the internet at http://www.thyssenkrupp.com. end of ad hoc announcement (c) DGAP 30.05.2001 Issuer’s information/explanatory remarks concerning this ad hoc announcement: For further information, please contact Dr. Jürgen Claassen (Communication, tel. +49 211 824-36001) and Dr. Martin Grimm (Investor Relations, tel. +49 211 824-36464). ——————————————————————————– WKN: 750000; Index: DAX Listed: Amtlicher Handel in Frankfurt, Düsseldorf; Freiverkehr in Berlin, Bremen, Hamburg, Hannover, München, Stuttgart; London, Schweizer Börse 300725 Mai 01