In Wake of Successful 2008 Fiscal Year, ThyssenKrupp Braces for a Slower 2009, an Industrial Info News Alert
SUGAR LAND, TX -- (Marketwire) -- 12/04/08 -- Researched by Industrial Info Resources(Sugar Land, Texas) -- International steel and industrial services companyThyssenKrupp AG (FRA:TKA) (Dusseldorf, Germany) recently released itsearnings report for both the final quarter and fiscal year of 2008. In thewake of this successful fiscal year, the company is bracing for a slowerimmediate future. "In the uncertain environment of the financial crisis wehave reviewed our plans and targets for the current fiscal year 08-09,"said Ekkehard D. Schulz, Chief of the Executive Board, at the company'srecent Analysts' and Investors' Conference. "The downturn in the auto,machinery and construction industries will leave its marks onThyssenKrupp."
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