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Thyssenkrupp group on track with restructuring, sees higher margins

The group is considering partnerships and consolidation or a stand-alone scenario for its marine systems division.

ThyssenKrupp AG headquarters in Essen, Germany Photo: Reuters
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ThyssenKrupp AG headquarters in Essen, Germany Photo: Reuters

Reuters Berlin
Thyssenkrupp said on Thursday it expects mid-term adjusted margins of 4-6% as its restructuring programme progresses, adding it is looking into options for its marine systems, cement plants and chemicals divisions.

The group is considering partnerships and consolidation or a stand-alone scenario for its marine systems division and will decide on the future of the cement plant construction and chemicals units in the medium term, it said.

Another target is to restore its ability to consistently pay a dividend, Thyssenkrupp said in a statement on its capital markets day.

"We still have a great deal to do when it comes to improving our

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