Thyssenkrupp Bets on Solar Steel to Offset Auto Slump as Earnings Day Approaches
26.06.2026 - 02:44:29 | boerse-global.de
Thyssenkrupp is taking a less obvious route to revive its fortunes. Away from the headlines about restructuring and capital markets, the industrial conglomerate has been showcasing new steel products for the solar industry at the Intersolar trade fair in Munich. The move signals a push into photovoltaic infrastructure — flat steel for ground-mounted systems and solar carports — as the group scrambles to replace lost demand from a struggling automotive sector.
The steel division, which remains the biggest profit contributor despite soft pricing in the last quarter, is now offering a CO?-reduced variant of the solar steel. Management has not set concrete revenue targets for the new product line, but the strategic shift is unmistakable. With the auto industry in the doldrums, Thyssenkrupp is hunting for fresh buyers.
Second-quarter results show operational improvement
The latest set of numbers from the second quarter of fiscal 2025/2026 (January to March) reveals a business that is getting its operational house in order. Order intake surged 32% to €10.6 billion, a clear sign that demand is picking up. Revenue edged lower to €8.4 billion from €8.6 billion a year earlier.
The adjusted EBIT figure was the standout: it climbed to €198 million from a meagre €19 million in the prior-year period, driven by better performance across nearly all segments. But the bottom line remained in the red, with a net loss of €11 million. Free cash flow before M&A came in at minus €327 million.
Should investors sell immediately? Or is it worth buying Thyssenkrupp?
Guidance tweaked, but core targets stand
For the full year, Thyssenkrupp is sticking to its headline goals. Adjusted EBIT is still expected to land between €500 million and €900 million. Free cash flow before M&A is forecast at minus €600 million to minus €300 million, and net income at minus €800 million to minus €400 million.
Revenue guidance was trimmed slightly. The company now expects sales to decline by 3% to 0% versus the previous year, compared with the earlier forecast of minus 2% to plus 1%. Delayed revenue recognition at the Decarbon Technologies unit and a changed product mix at Steel Europe were cited as the reasons.
Stock recovers ahead of August scorecard
The shares closed at €11.07, up 5.38% over the past week and 14.45% year to date. The stock has comfortably cleared its 200-day moving average of €10.02, but remains roughly 16% below the 52-week high of €13.24.
Thyssenkrupp at a turning point? This analysis reveals what investors need to know now.
Investors have warmed to the improving operational picture, but the next big test is already on the calendar. A trading blackout for executives begins on 14 July, followed by a quiet period from 20 July. The next official earnings release is set for 13 August. That is when the market will judge whether the adjusted EBIT momentum from the second quarter can be sustained — and whether the persistent cash flow drain is moving closer to the upper end of the guidance band.
Ad
Thyssenkrupp Stock: New Analysis - 26 June
Fresh Thyssenkrupp information released. What's the impact for investors? Our latest independent report examines recent figures and market trends.
