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Thyssenkrupp Withdraws FY Outlook

thyssenkrupp AG said it is unable to provide a reliable assessment of the business development of the group for the 2019/2020 financial year, due to the global spread of the COVID-19 pandemic and the resulting impact on the economy.

As a result, the forecast for the group for the financial year 2019/2020 is no longer maintained.

The focus is on the health of employees worldwide. The company also works consistently to limit the business impact of the crisis, thyssenkrupp said in a statement.

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