Thyssenkrupp Ag · XETR:TKA
Thyssenkrupp — Investor Presentation (October 2009)
63 slides from Thyssenkrupp's investor presentation, October 2009
Slide 1: ThyssenKrupp Group Presentation, October 2009
Presentation ThyssenKrupp Group, October 2009 0 ThyssenKrupp
Slide 2: Agenda
Presentation ThyssenKrupp Group, October 2009 1 Agenda { Management Achievements and Group Financials { Segment Performance { Summary ThyssenKrupp
Slide 3: Using the Crisis as an Opportunity
Presentation ThyssenKrupp Group, October 2009 2 Using the Crisis as an Opportunity ThyssenKrupp AG Steel Stainless Technologies Elevator Services Reorganization { Strategically centralized and operationally decentralized { Sustainable cost savings of ~ €0.5 billion per year { Greater internal and ex
Slide 4: Achievements: Efficiency – Projects – Portfolio
Presentation ThyssenKrupp Group, October 2009 3 Achievements: Efficiency – Projects – Portfolio { Cost savings { > €750 m management gains in 9M { NWC release { €1,523 m across all segments in Q3 Efficiency { FCF generation { €490 m in Q3 ; { Net debt reduction { €565 m decrease in Q3 { Restructurin
Slide 5: Segment Overview – Quarterly EBT
Presentation ThyssenKrupp Group, October 2009 4 Segment Overview – Quarterly EBT 2007/08 2008/09 million € Q3 9 months Q2 Q3 9 months Steel 389 1,138 56 (348) (41) Including inventory write- before major nonrecurring items 534 1,415 86 (183) 238 downs & windfall losses: Stainless 93 86 (373) (204) (
Slide 6: Efficiency Improvement – Restructuring & Cost Saving Initiatives
Presentation ThyssenKrupp Group, October 2009 5 Efficiency Improvement – Restructuring & Cost Saving Initiatives Restructuring & Impairments 2008/09 million € Cost Saving Initiatives Impairments Sustainable Restr. charges Restr./Imp. saving target: >840 { TK PLuS Payback period { Reorganization >400
Slide 7: Effective Measures to Reduce Capex Implemented
Presentation ThyssenKrupp Group, October 2009 6 Effective Measures to Reduce Capex Implemented Capital expenditures program billion € Maintenance capex <4.5 and major 4.3 investment projects <1.4 3-3.5 0.9 1.1 1.1 2007/08 Q1 Q2 Q3 Q4 2008/09E 2009/10E 2008/09 2008/09 2008/09 2008/09E ThyssenKrupp
Slide 8: Solid Financial Situation – No Short-Term Refinancing Needs
Presentation ThyssenKrupp Group, October 2009 7 Solid Financial Situation – No Short-Term Refinancing Needs Liquidity analysis and maturity profile of gross financial debt million € 8,835 > 755 Total: 8,357 6,639 3,600 Available 4,644 committed 2,819 credit facilities Cash and 5,235* 1,765 3,820* ca
Slide 9: MoU with Vale S.A. on TK CSA
Presentation ThyssenKrupp Group, October 2009 8 MoU with Vale S.A. on TK CSA { Vale increases stake in TK CSA from 10% to 26.87% (TK: 73.13%) { Capital increase at TK CSA by €965 m { Operating business activity and industrial leadership solely with ThyssenKrupp { Closing expected by September 2009 {
Slide 10: Group Outlook 2008/09
Presentation ThyssenKrupp Group, October 2009 9 Group Outlook 2008/09 EBT before major High three-digit million € negative including: nonrecurring items substantial inventory writedowns and windfall losses Impacted by: EBT • Significant restructuring and impairment charges as reported to achieve maj
Slide 11: Agenda
Presentation ThyssenKrupp Group, October 2009 10 Agenda { Management Achievements and Group Financials { Segment Performance { Summary ThyssenKrupp
Slide 12: Steel: Q3 2008/09 Highlights
Presentation ThyssenKrupp Group, October 2009 11 Steel Q3 2008/09 Highlights EBT in €m excl. major nonrecurring items Order intake in €m 462 534 470 419 335 (66) (145) (68) (66) (84) 86 353 396 389 402 251 (30) (183) 56 Q1 Q2 Q3 Q4 Q1 Q2 (165) 3,188 3,986 3,765 3,260 2,036 1,651 2,321 2007/08 (348)
Slide 13: Steel: Output, Shipments and Revenues per Metric Ton
Presentation ThyssenKrupp Group, October 2009 12 Steel: Output, Shipments and Revenues per Metric Ton Crude steel output (TKS incl. share in HKM) 1,000 t/month Shipments: Hot-rolled and cold-rolled products 1,000 t/month HKM share Cold-rolled Hot-rolled 1,153 1,205 1,239 1,196 1,174 1,161 1,171 1,26
Slide 14: Inventories and Months of Supply
Presentation ThyssenKrupp Group, October 2009 13 Inventories and Months of Supply Inventories and Inventories and Inventories Months of Supply - Europe Months of Supply - USA China 3.0 7 9 4.5 6 Inventories MOS Inventories MOS Inventories [m t] [months] [m st] [months] [m t] 8 2.5 6 4.0 5 7 2.0 5 6
Slide 15: Steel Consumption NAFTA: Visibility on Demand Remains Limited
Presentation ThyssenKrupp Group, October 2009 14 Steel Consumption NAFTA: Visibility on Demand Remains Limited Apparent Consumption NAFTA { Current downturn in NAFTA Flat Carbon Steel* m t/yr exaggerated by extreme de-stocking 90 { Visibility on speed of real demand 80 recovery remains limited 70 60
Slide 16: Temporary De-Coupling of Ramp-Up of CSA and Steel USA
Presentation ThyssenKrupp Group, October 2009 15 Temporary De-Coupling of Ramp-Up of CSA and Steel USA BA Steel Americas BA Steel Europe Europe NAFTA 1 Q1 2010 Duisburg SoP Hot Strip Mill Q2 2010 Steel USA 2 3 mid Q2 2010 2011 Temporary slab supply ex Duisburg Split Ramp-Up 1 to support ramp-up at S
Slide 17: Steel: Split Ramp-Up Maximizes Flexible Response to Market Changes
Presentation ThyssenKrupp Group, October 2009 16 Steel: Split Ramp-Up Maximizes Flexible Response to Market Changes 2010 2011 2012 [m t] 5 potential market- TK CSA: slab production 4 oriented upside run-rate Line #2 Split 3 Ramp-Up 2 Line #1 1 0 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 BF#1 Ready Start Ramp-Up
Slide 18: Competitive Advantage – Example: Technology of Hot Strip Mill
Presentation ThyssenKrupp Group, October 2009 17 Competitive Advantage – Example: Technology of Hot Strip Mill Head-to-Head Comparison of US Hot Strip Mills ThyssenKrupp Steel USA 7 # Stands Best in Class e.g., superior defect free surface and more consistent e.g., coiled plate mechanical properties
Slide 19: Transatlantic Strategy Based on Optimum Cost-Quality Position
Presentation ThyssenKrupp Group, October 2009 18 Transatlantic Strategy Based on Optimum Cost-Quality Position Industrial Cost Curve 2012 Hot-Rolling Capacities, NAFTA USD/t; m t/yr { ThyssenKrupp Business Area Steel Americas with strong cost and USD/t Premium quality & Ø prices quality position
Slide 20: Stainless: Q3 2008/09 Highlights
Presentation ThyssenKrupp Group, October 2009 19 Stainless Q3 2008/09 Highlights EBT in €m excl. major nonrecurring items Order intake in €m 42 96 48 (3) (42) (5) (8) (242) (309) (153) 38 93 40 (3) (45) (204) (249) Q1 Q2 Q3 Q4 (373) (51) (7) 2007/08 2,150 2,001 1,732 1,577 966 819 1,207 (64) Q1 Q2 Q
Slide 21: Stainless: Output, Shipments and Revenues per Metric Ton
Presentation ThyssenKrupp Group, October 2009 20 Stainless: Output, Shipments and Revenues per Metric Ton Crude steel output* 1,000 t/month Shipments*: Hot-rolled and cold-rolled products 1,000t/month * including carbon, forging, Ni-Alloys Hot-rolled, including slabs * not consolidated Cold-rolled,
Slide 22: Market Situation Cold-Rolled Products
Presentation ThyssenKrupp Group, October 2009 21 Market Situation Cold-Rolled Products Germany USA Stock level: INDEX Jan 2005 = 100 Stock level: INDEX Jan 2005 = 100 Stock Reach: Calendar Days Stock Reach: Calendar Days 160 160 Stock Level Stock Level Average Stock Reach Stock Reach Stock Reach 140
Slide 23: Stainless Consumption NAFTA: Visibility on Demand Remains Limited
Presentation ThyssenKrupp Group, October 2009 22 Stainless Consumption NAFTA: Visibility on Demand Remains Limited Apparent Consumption NAFTA { Current downturn in NAFTA Stainless Cold-Rolled Flat 1,000 t/yr exaggerated by extreme de-stocking 2.250 = actual = CRU forecast Nov 2008 = CRU forecast May
Slide 24: Cash- and Market-Oriented Adjustments with Maximum Flexibility
Presentation ThyssenKrupp Group, October 2009 23 Cash- and Market-Oriented Adjustments with Maximum Flexibility! Ramp-Up Curve of Cold-Rolled Shipments and Melt Shop 1,000 t/quarter { Cash- and market-oriented Ramp-up of Stainless USA 1,000 t/ Melt shop capacity: ~ 900,000 t/year 260 quarter { SoP 1
Slide 25: ThyssenKrupp Stainless USA Plant with Attractive Cost Position
Presentation ThyssenKrupp Group, October 2009 24 ThyssenKrupp Stainless USA Plant with Attractive Cost Position Industrial Cost Curve USA { Industrial rationale unchanged Stainless Cold Rolled USD/t; 1,000 t/yr ThyssenKrupp Stainless USA with strong cost and quality position cash ThyssenKrupp cost
Slide 26: Technologies: Q3 2008/09 Highlights
Presentation ThyssenKrupp Group, October 2009 25 Technologies Q3 2008/09 Highlights EBT in €m excl. major nonrecurring items Order intake in €m Impact major cancellations Marine Systems 197 (container ships and mega yachts) 155 179 4 31 (4) 179 186 201 175 164 (29) (95) ~100 ~500 (76) Q1 Q2 Q3 Q4 Q1
Slide 27: Automotive & Civil Shipbuilding Overcompensating Stable Businesses
Presentation ThyssenKrupp Group, October 2009 26 Automotive & Civil Shipbuilding Overcompensating Stable Businesses Sales by business unit (9M 2008/09) { Difficult market Mechanical { Plant Technology with Plant environment for Components 9M sales and earnings Technology automotive and civil above F
Slide 28: Elevator: Q3 2008/09 Highlights
Presentation ThyssenKrupp Group, October 2009 27 Elevator Q3 2008/09 Highlights EBT in €m Order intake in €m excl. major nonrecurring items 158 148 139 112 (2) (2) (6) (20) 1,466 1,464 1,324 1,281 1,562 1,189 1,186 119 90 92 133 156 146 163 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q1 Q2 Q3 Q4 Q1 Q2 Q3 2007/08 2008/09 2
Slide 29: New Important Orders (9M 2008/09) – Buildings
Presentation ThyssenKrupp Group, October 2009 28 New Important Orders (9M 2008/09) – Buildings PalaisQuartier, Frankfurt, Germany NI PalaisQuartier 48 elevators Frankfurt, Germany (incl. 1 TWIN) 28 escalators NI Deutsche Börse 15 elevators Eschborn, Germany NI University of Kentucky 24 elevators Lex
Slide 30: Services: Q3 2008/09 Highlights
Presentation ThyssenKrupp Group, October 2009 29 Services Q3 2008/09 Highlights EBT in €m Order intake in €m excl. major nonrecurring items 132 135 248 235 30 (111) (78) (12) 3,951 4,322 4,677 4,503 3,746 2,514 2,256 (123) Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q1 Q2 Q3 Q4 Q1 Q2 Q3 2007/08 2008/09 2007/08 2008/09 Com
Slide 31: Services: Price Developments
Presentation ThyssenKrupp Group, October 2009 30 Services: Price Developments Rolled Steel €/t Stainless Steel €/t 1,000 4,500 4,338 Sections / broad flanged beam 940 Q3 Delta 900 Cold rolled sheets 855 1,966 Galvanized sheets 800 4,000 800 Quarto plates (R37-2) Q3 700 3,500 3,248 600 3,000 500 420
Slide 32: Agenda
Presentation ThyssenKrupp Group, October 2009 31 Agenda { Management Achievements and Group Financials { Segment Performance { Summary ThyssenKrupp
Slide 33: Major Transformation Based on Cost Optimization and Growth
Presentation ThyssenKrupp Group, October 2009 32 Major Transformation Based on Cost Optimization and Growth { Progress reflected in specified guidance for: • net debt: < €3.5 bn at end of FY 2008/09 • restructuring and impairments: > €840 m in FY 2008/09 Efficiency • net working capital release: ~ €
Slide 34: Financial Calendar – 2009/2010
Presentation ThyssenKrupp Group, October 2009 33 Financial Calendar – 2009/2010 { October 22, 2009 Quiet Period to November 26, 2009 { November 27, 2009 Analysts’ and Investors’ Conference, Essen/Germany Annual Press Conference, Essen/Germany { January 21, 2010 Annual General Meeting, Bochum/Germany
Slide 35: How to Contact ThyssenKrupp AG Investor Relations
Presentation ThyssenKrupp Group, October 2009 34 How to Contact ThyssenKrupp AG Investor Relations Institutional Investors and Analysts: { Phone: +49 211 824-36464 To be added to the IR mailing list, send us a { Fax: +49 211 824-36467 brief e-mail with your details! { E-mail: ir@thyssenkrupp.com { I
Slide 36: Agenda: Appendix
Presentation ThyssenKrupp Group, October 2009 35 Agenda { Appendix ThyssenKrupp
Slide 37: Group Financials – Order Intake and Sales
Presentation ThyssenKrupp Group, October 2009 36 Group Financials – Order Intake and Sales Order intake million € Sales million € 2008/09 2008/09 7,926* 9,299 7,642* 9,859 28,455* 30,680 12,887 11,522 Q1 Q2 Q3 9M Q1 Q2 Q3 9M * including cancellations (container ships and mega yachts) Q2: ~ €100 m, Q
Slide 38: Group Financials – EBT
Presentation ThyssenKrupp Group, October 2009 37 Group Financials – EBT EBT as reported million € EBT before major nonrecurring items million € 2008/09 2008/09 333 (283) 240 Inventory writedowns & (455) windfall losses: ~€970 m (9 months) (452) (402) (772) thereof (€m): (987) Q1 Q2 Q3 Q1 Q2 Q3 9M St
Slide 39: Reconciliation of EBT Effects by Major Nonrecurring Items
Presentation ThyssenKrupp Group, October 2009 38 Reconciliation of EBT Effects by Major Nonrecurring Items 9 months 2008/09 million € Major nonrecurring items 2008/09 million € Q1 Q2 Q3 9M EBT EBT • Project costs (83) (26) (22) (131) as reported before major nonrecurring thereof: items TK CSA, Brazi
Slide 40: Major Nonrecurring Items
Presentation ThyssenKrupp Group, October 2009 39 Major Nonrecurring Items 2006/07 2007/08 2008/09 Q1 Q2 Q3 Q4 FY Q1 Q2 Q3 Q4 FY Q1 Q2 Q3 Project costs: (68) (60) (34) (108) (270) (83) (26) (22) thereof: TK CSA (61) (51) (24) (97) (233) (57) (17) (8) NAFTA Steel/Stainless (7) (9) (10) (11) (37) (26)
Slide 41: Group Overview (I)
Presentation ThyssenKrupp Group, October 2009 40 Group Overview (I) 2006/07 2007/08 2008/09 FY Q1 Q2 Q3 Q4 FY Q1 Q2 Q3 Order intake €m 54,605 13,270 14,084 14,181 13,670 55,205 12,887 7,642 7,926 Sales €m 51,723 12,270 13,199 14,181 13,776 53,426 11,522 9,859 9,299 EBITDA €m 5,254 1,083 1,197 1,366
Slide 42: Group Overview (II)
Presentation ThyssenKrupp Group, October 2009 41 Group Overview (II) 2006/07 2007/08 2008/09 FY Q1 Q2 Q3 Q4 FY Q1 Q2 Q3 Capital expenditures* €m 2,997 889 1,014 975 1,349 4,227 1,105 1,090 898 Depreciation/amort. €m 1,527 335 349 346 374 1,404 357 418 417 Operating cash flow €m 2,220 (170) 1,003 676
Slide 43: Balance Sheet Structure
Presentation ThyssenKrupp Group, October 2009 42 Balance Sheet Structure Net financial position, equity and ratios million € 25.4% 26.7% 22.1% 24.5% 27.4% 27.6% 22.7% Equity ratio 55.2% 34.0% 2.2% (8.4)% (2.1)% 13.8% 33.1% Gearing 11,489 10,447 Equity 9,434 8,927 8,327 7,944 7,671 4,235 2,833 3,122
Slide 44: Group Financials – Net Income to Operating Cash Flow
Presentation ThyssenKrupp Group, October 2009 43 Group Financials – Net Income Ö Operating Cash Flow Development of operating cash flow in Q3 2008/09 million € 1,331 Services 419 Technologies Elevator Corporate/ 55 Cons. Stainless 125 235 121 Change in accrued pensions (630) D/A 154 Others 417 15 Op
Slide 45: Group Financials – Net Financial Debt
Presentation ThyssenKrupp Group, October 2009 44 Group Financials – Net Financial Debt Development of net financial debt in Q3 2008/09 million € (3,687) (3,122) thereof: • Steel 572 Gearing Free cash flow: 490 thereof: Gearing 36.2% TK CSA 274 33.1% NAFTA Steel 188 • Stainless 79 thereof: 1,331 57 (
Slide 46: Group Financials – Net Income to Operating Cash Flow (9M)
Presentation ThyssenKrupp Group, October 2009 45 Group Financials – Net Income Ö Operating Cash Flow Development of operating cash flow in 9M 2008/09 Elevator million € 1,954 Change in Services accrued pensions 435 Technologies Elevator Corporate/ D/A 63 196 1,192 Stainless 117 Cons. Others (829) 66
Slide 47: Group Financials – Net Financial Debt (9M)
Presentation ThyssenKrupp Group, October 2009 46 Group Financials – Net Financial Debt Development of net financial debt in 9M 2008/09 million € 189 (3,093) thereof: 1,954 • Steel 1,849 Divestments thereof: TK CSA 1,123 (1,584) NAFTA Steel 385 (3,122) • Stainless 218 thereof: Gearing NAFTA Stainless
Slide 48: Steel: Segment Overview
Presentation ThyssenKrupp Group, October 2009 47 Steel: Segment Overview Steel 2006/07 2007/08 2008/09 FY Q1 Q2 Q3 Q4 FY Q1 Q2 Q3 Order intake €m 12,718 3,188 3,986 3,765 3,260 14,199 2,036 1,651 2,321 Sales €m 13,209 3,214 3,639 3,902 3,603 14,358 2,925 2,405 2,272 EBITDA €m 2,470 561 599 587 599 2
Slide 49: Long Term Customer Relations Reduce Volatility
Presentation ThyssenKrupp Group, October 2009 48 Long Term Customer Relations Reduce Volatility Sales by maturity FY 2007/08 in % Price index Index (Q3 1997 = 100) Spot 7 260 CRU Quarterly 240 20 220 ThyssenKrupp 64 200 Steel 9 180 Half-year Annual & >1 year 160 140 120 Sales by industry FY 2007/08
Slide 50: Premium Product Portfolio Generates Above-Average Revenues
Presentation ThyssenKrupp Group, October 2009 49 Premium Product Portfolio Generates Above-Average Revenues Product portfolio FY 2007/08*) in % Revenue/t €/t 5% Tailored Blanks 1,000 4% Construction Elements ThyssenKrupp 13% Steel Service Steel 2) 12% Tinplate 1) 750 15% Electrical Steel 23% Coated
Slide 51: After Massive Drop, Order Intake Showing Signs of Stabilization
Presentation ThyssenKrupp Group, October 2009 50 After Massive Drop, Order Intake Showing Signs of Stabilization Order Intake German Steel Industry; January 1991 – August 2009 1,000 t 5,000 4,500 4,000 3,500 August 3,000 2009 2,500 2,000 1,500 1,000 500 0 Jan-91 Jan-92 Jan-93 Jan-95 Jan-96 Jan-97 Ja
Slide 52: TK CSA: One of the Most Cost-Efficient Slab Plants in the World
Presentation ThyssenKrupp Group, October 2009 51 TK CSA: One of the Most Cost-Efficient Slab Plants in the World Industrial Cost Curve 2012 Global Slab Capacities USD/t; m t/yr cash Top 10% cost [USD/t] Thyssen Krupp CSA 0 100 200 300 400 500 600 700 800 900 1,000 Sources: WSD; VDEh Plantfacts; Glob
Slide 53: Market- and Customer-Oriented Ramp-up at ThyssenKrupp Steel USA
Presentation ThyssenKrupp Group, October 2009 52 Market- and Customer-Oriented Ramp-up at ThyssenKrupp Steel USA % SSC 25 Auto Shipments 37 by ramp FY -up 2013/14 Customer 11 Pipe& Industries Tube 12 7 9 White Yellow Goods Goods Constr- uction % Hot- rolled 25 Coated Shipments 41 ramp FY by Product
Slide 54: Stainless: Segment Overview
Presentation ThyssenKrupp Group, October 2009 53 Stainless: Segment Overview Stainless 2006/07 2007/08 2008/09 FY Q1 Q2 Q3 Q4 FY Q1 Q2 Q3 Order intake €m 7,684 2,150 2,001 1,732 1,577 7,460 966 819 1,207 Sales €m 8,748 1,838 1,955 1,933 1,694 7,420 1,173 988 1,030 EBITDA €m 1,034 8 98 154 103 363 (1
Slide 55: Stainless: Increasing Non-Volatile Customer Bases
Presentation ThyssenKrupp Group, October 2009 54 Stainless: Increasing Non-Volatile Customer Bases Sales Structure within ThyssenKrupp Stainless Group Stainless Steel Sales by Customer Group Stainless Steel Contract Structure Others Tubes Household Long term Applications 5 10 14 contracts Short term
Slide 56: Price Development and Import Situation
Presentation ThyssenKrupp Group, October 2009 55 Price Development and Import Situation Price development: recovery gaining sustainability Cold-rolled imports from third countries [000t/Month] Base Price EU* 51,9 Asia Americas Others Alloy Surcharge EU 41,9 36,1 EUR/t Nickel US$/t 21.5 20.2 22,5 5.0
Slide 57: Stainless: EBT Development
Presentation ThyssenKrupp Group, October 2009 56 Stainless: EBT Development EBT Development Base Price m EUR EUR/t 16 141 192 385 286 423 777 126 -826** 350 1,900 300 1,800 1,700 250 1,600 200 1,500 1,220 1,318 150 1,400 100 1,300 1,035 1,000 1,050 1,200 50 1,100 0 1,000 -50 * 900 800 -100 * 700 -15
Slide 58: Technologies: Segment Overview
Presentation ThyssenKrupp Group, October 2009 57 Technologies: Segment Overview Technologies 2006/07 2007/08 2008/09 FY Q1 Q2 Q3 Q4 FY Q1 Q2 Q3 Order intake €m 14,844 3,212 3,108 3,397 3,773 13,490 4,897 1,723 1,367 Sales €m 11,523 2,822 3,029 3,357 3,204 12,412 2,921 2,656 2,483 EBITDA €m 888 256 2
Slide 59: Technologies: New Structure
Presentation ThyssenKrupp Group, October 2009 58 Technologies: New Structure Organizational Structure until Sep. 30, 2009: Reporting level 5 segment Steel Stainless Technologies Elevator Services Plant Marine Mechanical Automotive Technology Systems Components Solutions - Uhde - Rothe Erde - Presta
Slide 60: Elevator: Segment Overview
Presentation ThyssenKrupp Group, October 2009 59 Elevator: Segment Overview Elevator 2006/07 2007/08 2008/09 FY Q1 Q2 Q3 Q4 FY Q1 Q2 Q3 Order intake €m 5,281 1,466 1,464 1,324 1,281 5,535 1,562 1,189 1,186 Sales €m 4,712 1,184 1,164 1,211 1,371 4,930 1,343 1,293 1,328 EBITDA €m 491* 134 112 113 150
Slide 61: Services: Segment Overview
Presentation ThyssenKrupp Group, October 2009 60 Services: Segment Overview Services 2006/07 2007/08 2008/09 FY Q1 Q2 Q3 Q4 FY Q1 Q2 Q3 Order intake €m 16,823 3,951 4,322 4,677 4,503 17,453 3,746 2,514 2,256 Sales €m 16,711 3,867 4,232 4,603 4,634 17,336 3,726 2,903 2,539 EBITDA €m 947 190 195 306 2
Slide 62: Corporate/Consolidation: Overview
Presentation ThyssenKrupp Group, October 2009 61 Corporate/Consolidation: Overview Corporate/Consolidation 2006/07 2007/08 2008/09 FY Q1 Q2 Q3 Q4 FY Q1 Q2 Q3 Order intake €m (2,745) (697) (797) (714) (724) (2,932) (320) (254) (411) Sales €m (3,180) (655) (820) (825) (730) (3,030) (566) (386) (353) E
Slide 63: Disclaimer ThyssenKrupp AG
Presentation ThyssenKrupp Group, October 2009 62 Disclaimer ThyssenKrupp AG “The information set forth and included in this presentation is not provided in connection with an offer or solicitation for the purchase or sale of a security and is intended for informational purposes only. This presentati