thyssenkrupp Q1 Report 2023

Highlights

• Largest restructuring program ever progressing; more than 10,000 FTEs already reduced
• Performance initiatives with defined top- and bottom-line levers on track: low 3-digit € mn amount supporting financial targets
• Next portfolio actions at Multi Tracks in progress
• Order funnel in our hydrogen and renewables related businesses expanding
• nucera: Order from Unigel, Brazil, for 60 MW H2 electrolysis plant
• Uhde Ammonia: MoU with Adnoc, United Arab Emirates, for Ammonia Cracker
• Bearings: Order intake from wind turbine manufacturers increasing
• ESG: thyssenkrupp on the CDP “Climate A List” for the 7th time in a row