Thyssenkrupp AG swings to Q4 net income of EUR 653 million, up by more than two times
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Thyssenkrupp AG reported a Q4 net income of EUR 653 million, more than doubling from the previous year. The company saw a 15% increase in order intake to EUR 37.7 billion, while sales revenue decreased by 6% to EUR 32.8 billion. EBITDA rose by 67% to EUR 1.5 billion, and EBIT turned positive at EUR 76 million. Net income attributable to shareholders was EUR 465 million, with earnings per share at EUR 0.75. Free cash flow increased to EUR 833 million, and the proposed dividend per share remains at EUR 0.15.
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