German Thyssenkrupp profits rise on steel price rebound

摘要

Thyssenkrupp's third-quarter operating profit nearly tripled on the back of higher steel prices, but faced headwinds from high raw material prices and rising interest rates. The company's adjusted earnings before interest and tax (EBIT) reached 721 million euros ($743 million) in the April- June period, up from 266 million in the same period last year.