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ThyssenKrupp raises full-year outlook

2015-05-12 08:24:53| Steel - Topix.net

German industrial conglomerate ThyssenKrupp AG on Tuesday raised its outlook for the 2015 fiscal year, even as the company posted a steep decline in net profit for the second quarter. The steelmaker said it now expects adjusted earnings before interest and taxes for this year to increase "significantly" to between EUR1.6 billion and EUR1.7 billion, up from an earlier prediction of EUR1.5 billion.

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