Thyssenkrupp suspends forecast for the current fiscal year due to present geopolitical and economic turmoil

MOSCOW (MRC) -- Thyssenkrupp suspended its 2021/22 forecast for free cash flow before mergers and acquisitions for due to the Ukraine crisis and said it was unclear if it would still be able to spin off its steel division, said the company.Although the group's sales from Russia and Ukraine are negligible at significantly less than one percent of total sales, the Executive Board estimates

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