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Thyssenkrupp second-quarter loss widens as coronavirus impact starts to show

Thyssenkrupp's logo is seen in the elevator test tower in Rottweil
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FRANKFURT (Reuters) - Thyssenkrupp on Tuesday said its second-quarter net loss more than quintupled as the coronavirus pandemic hit all business lines at the struggling steel-to-submarines conglomerate.The group posted a 948 million euro ($1.02 billion) net loss in the quarter to March and said that in the current quarter losses could reach up to 1 billion euros, as the group eagerly awaits a..
Date Published: May 12, 2020
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