Thyssenkrupp continues to struggle financially

Recent quarterly figures show losses

The German industrial conglomerate Thyssenkrupp reported a loss of 314 million euros in the third quarter of its current fiscal year, which ended in June. This marks the third consecutive quarter in which the company has posted negative results.

The losses were primarily driven by impairments on the company's steel business. Thyssenkrupp has been struggling with weak demand and falling prices in the steel sector for several years.

In addition to the steel impairments, Thyssenkrupp also cited weak demand in its automotive and plant engineering businesses as factors contributing to the losses.

Outlook remains uncertain

Thyssenkrupp's management has warned that the company's financial outlook remains uncertain. The company is facing a number of challenges, including the ongoing weakness in the steel sector, rising input costs, and the global economic slowdown.

As a result of these challenges, Thyssenkrupp has lowered its earnings and sales forecasts for the full year.

Analysts remain pessimistic

Analysts are pessimistic about Thyssenkrupp's prospects. They believe that the company's financial problems are likely to continue in the near term.

One analyst said that Thyssenkrupp is "facing a perfect storm of challenges." The analyst added that the company's "outlook is very uncertain."

Thyssenkrupp's shares have fallen sharply

Thyssenkrupp's financial struggles have taken a toll on its share price. The company's shares have fallen by more than 50% in the past year.

The sharp decline in Thyssenkrupp's share price has raised concerns about the company's long-term viability.