Ailing conglomerate Thyssenkrupp on Thursday said some businesses were stabilising in the current quarter after suffering a heavy blow due to the coronavirus pandemic.
FILE PHOTO: The logo of German steelmaker ThyssenKrupp AG is seen on an escalator at Frankfurt's main railways station in Frankfurt, Germany, January 23, 2020. REUTERS/Wolfgang Rattay
The group said its fiscal third-quarter adjusted operating loss from continuing operations, which strips out the elevator business it recently sold, came in at 679 million euros , less than the up to 1 billion it had flagged in May.
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