ThyssenKrupp more than doubles Q1 2004/05 earnings

Newswire

FRANKFURT, Jan 21 (Reuters) - German industrial group ThyssenKrupp raised its full-year earnings guidance after posting yet another set of sterling quarterly profits, the company said on Friday. Earnings before taxes grew to "well in excess" of 400 million euros ($518 million) in the first three months to December, easily beating a consensus forecast of 361 million. Sales rose 20 percent to 10.1 billion versus estimates of 9.70 billion and 8.56 billion in the year-earlier period, while ...

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