#Thyssenkrupp swings to quarterly net loss as one-offs bite
#Thyssenkrupp said new orders and sales fell significantly during its third quarter as the ailing steelmaker cut forecasts three times for the current fiscal year
Thyssenkrupp swings to quarterly net loss as one-offs bite https://t.co/AyQFyoFOv5 https://t.co/o3htK8sR9D

Thyssenkrupp has reported a swing to a net loss in its third quarter, impacted by higher-than-expected costs for legacy projects at its plant engineering business. The conglomerate's new orders and sales fell significantly during this period, leading to a downward revision of its forecasts for the current fiscal year, which have been cut three times. Thyssenkrupp has also warned of a slowing hydrogen market, further complicating its financial outlook.
