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."
Industrial Info Resources (IIR) is a marketing information servicespecializing in industrial process, energy and financial related marketswith products and services ranging from industry news, analytics,forecasting, plant and project databases, as well as multimedia services.For more information send inquiries tometalsandmineralsgroup@industrialinfo.com or visit us atwww.industrialinfo.com.
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