Latest news with #thyssenkrupp
Sydney Morning Herald
2 days ago
- Business
- Sydney Morning Herald
‘They have never exported': Shots fired in bid to build new warships for Australia
Kiel, Germany: One of Germany's leading defence companies has ramped up its attempt to secure a $10 billion contract to build a fleet of warships for the Australian navy, taking aim at its Japanese rival as it offers to export Australian-made ships across the Indo-Pacific. thyssenkrupp Marine Systems, the defence division of German industrial conglomerate thyssenkrupp, is competing against Japanese firm Mitsubishi Heavy Industries to build up to 11 general purpose frigates to replace the navy's ageing fleet of Anzac-class ships. The Albanese government has said it will decide the winner by the end of the year, with the first ship to be delivered in 2029. The government plans to buy the first three frigates from an overseas production line before constructing the remaining ships in Australia to accelerate the acquisition process. Mitsubishi's Mogami 06FFM frigate is widely seen in defence circles as the more modern and advanced vessel, and the Japanese government is leaning heavily on its burgeoning strategic relationship with Australia to secure an advantage. Meanwhile, TKMS is pitching its MEKO A-200 frigate as a tested and low-risk option that would avoid the cost blowouts and delays that have bedevilled recent navy projects such as the Hunter-class frigate program. Speaking publicly for the first time about his company's bid, TKMS chief executive Oliver Burkhard told this masthead: 'I know our competitors. They have never exported in the past.' By contrast, he said the German frigate was a 'wonderful concept' that had 'been proven several times'.
The Age
2 days ago
- Business
- The Age
‘They have never exported': Shots fired in bid to build new warships for Australia
Kiel, Germany: One of Germany's leading defence companies has ramped up its attempt to secure a $10 billion contract to build a fleet of warships for the Australian navy, taking aim at its Japanese rival as it offers to export Australian-made ships across the Indo-Pacific. thyssenkrupp Marine Systems, the defence division of German industrial conglomerate thyssenkrupp, is competing against Japanese firm Mitsubishi Heavy Industries to build up to 11 general purpose frigates to replace the navy's ageing fleet of Anzac-class ships. The Albanese government has said it will decide the winner by the end of the year, with the first ship to be delivered in 2029. The government plans to buy the first three frigates from an overseas production line before constructing the remaining ships in Australia to accelerate the acquisition process. Mitsubishi's Mogami 06FFM frigate is widely seen in defence circles as the more modern and advanced vessel, and the Japanese government is leaning heavily on its burgeoning strategic relationship with Australia to secure an advantage. Meanwhile, TKMS is pitching its MEKO A-200 frigate as a tested and low-risk option that would avoid the cost blowouts and delays that have bedevilled recent navy projects such as the Hunter-class frigate program. Speaking publicly for the first time about his company's bid, TKMS chief executive Oliver Burkhard told this masthead: 'I know our competitors. They have never exported in the past.' By contrast, he said the German frigate was a 'wonderful concept' that had 'been proven several times'.
Yahoo
18-05-2025
- Business
- Yahoo
Analysts Have Made A Financial Statement On thyssenkrupp nucera AG & Co. KGaA's (ETR:NCH2) Second-Quarter Report
It's been a sad week for thyssenkrupp nucera AG & Co. KGaA (ETR:NCH2), who've watched their investment drop 12% to €8.73 in the week since the company reported its second-quarter result. Revenues were €216m, with thyssenkrupp nucera KGaA reporting some 2.0% below analyst expectations. Following the result, the analysts have updated their earnings model, and it would be good to know whether they think there's been a strong change in the company's prospects, or if it's business as usual. With this in mind, we've gathered the latest statutory forecasts to see what the analysts are expecting for next year. This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. Following the recent earnings report, the consensus from eleven analysts covering thyssenkrupp nucera KGaA is for revenues of €895.7m in 2025. This implies a discernible 7.6% decline in revenue compared to the last 12 months. Statutory earnings per share are expected to nosedive 62% to €0.072 in the same period. Yet prior to the latest earnings, the analysts had been anticipated revenues of €890.3m and earnings per share (EPS) of €0.072 in 2025. So it's pretty clear that, although the analysts have updated their estimates, there's been no major change in expectations for the business following the latest results. Check out our latest analysis for thyssenkrupp nucera KGaA It will come as no surprise then, to learn that the consensus price target is largely unchanged at €12.30. Fixating on a single price target can be unwise though, since the consensus target is effectively the average of analyst price targets. As a result, some investors like to look at the range of estimates to see if there are any diverging opinions on the company's valuation. There are some variant perceptions on thyssenkrupp nucera KGaA, with the most bullish analyst valuing it at €17.00 and the most bearish at €8.50 per share. This is a fairly broad spread of estimates, suggesting that analysts are forecasting a wide range of possible outcomes for the business. Taking a look at the bigger picture now, one of the ways we can understand these forecasts is to see how they compare to both past performance and industry growth estimates. These estimates imply that revenue is expected to slow, with a forecast annualised decline of 15% by the end of 2025. This indicates a significant reduction from annual growth of 33% over the last year. Compare this with our data, which suggests that other companies in the same industry are, in aggregate, expected to see their revenue grow 4.0% per year. It's pretty clear that thyssenkrupp nucera KGaA's revenues are expected to perform substantially worse than the wider industry. The most obvious conclusion is that there's been no major change in the business' prospects in recent times, with the analysts holding their earnings forecasts steady, in line with previous estimates. On the plus side, there were no major changes to revenue estimates; although forecasts imply they will perform worse than the wider industry. There was no real change to the consensus price target, suggesting that the intrinsic value of the business has not undergone any major changes with the latest estimates. Following on from that line of thought, we think that the long-term prospects of the business are much more relevant than next year's earnings. We have forecasts for thyssenkrupp nucera KGaA going out to 2027, and you can see them free on our platform here. Even so, be aware that thyssenkrupp nucera KGaA is showing 1 warning sign in our investment analysis , you should know about... Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Yahoo
18-05-2025
- Business
- Yahoo
Analysts Have Made A Financial Statement On thyssenkrupp nucera AG & Co. KGaA's (ETR:NCH2) Second-Quarter Report
It's been a sad week for thyssenkrupp nucera AG & Co. KGaA (ETR:NCH2), who've watched their investment drop 12% to €8.73 in the week since the company reported its second-quarter result. Revenues were €216m, with thyssenkrupp nucera KGaA reporting some 2.0% below analyst expectations. Following the result, the analysts have updated their earnings model, and it would be good to know whether they think there's been a strong change in the company's prospects, or if it's business as usual. With this in mind, we've gathered the latest statutory forecasts to see what the analysts are expecting for next year. This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. Following the recent earnings report, the consensus from eleven analysts covering thyssenkrupp nucera KGaA is for revenues of €895.7m in 2025. This implies a discernible 7.6% decline in revenue compared to the last 12 months. Statutory earnings per share are expected to nosedive 62% to €0.072 in the same period. Yet prior to the latest earnings, the analysts had been anticipated revenues of €890.3m and earnings per share (EPS) of €0.072 in 2025. So it's pretty clear that, although the analysts have updated their estimates, there's been no major change in expectations for the business following the latest results. Check out our latest analysis for thyssenkrupp nucera KGaA It will come as no surprise then, to learn that the consensus price target is largely unchanged at €12.30. Fixating on a single price target can be unwise though, since the consensus target is effectively the average of analyst price targets. As a result, some investors like to look at the range of estimates to see if there are any diverging opinions on the company's valuation. There are some variant perceptions on thyssenkrupp nucera KGaA, with the most bullish analyst valuing it at €17.00 and the most bearish at €8.50 per share. This is a fairly broad spread of estimates, suggesting that analysts are forecasting a wide range of possible outcomes for the business. Taking a look at the bigger picture now, one of the ways we can understand these forecasts is to see how they compare to both past performance and industry growth estimates. These estimates imply that revenue is expected to slow, with a forecast annualised decline of 15% by the end of 2025. This indicates a significant reduction from annual growth of 33% over the last year. Compare this with our data, which suggests that other companies in the same industry are, in aggregate, expected to see their revenue grow 4.0% per year. It's pretty clear that thyssenkrupp nucera KGaA's revenues are expected to perform substantially worse than the wider industry. The most obvious conclusion is that there's been no major change in the business' prospects in recent times, with the analysts holding their earnings forecasts steady, in line with previous estimates. On the plus side, there were no major changes to revenue estimates; although forecasts imply they will perform worse than the wider industry. There was no real change to the consensus price target, suggesting that the intrinsic value of the business has not undergone any major changes with the latest estimates. Following on from that line of thought, we think that the long-term prospects of the business are much more relevant than next year's earnings. We have forecasts for thyssenkrupp nucera KGaA going out to 2027, and you can see them free on our platform here. Even so, be aware that thyssenkrupp nucera KGaA is showing 1 warning sign in our investment analysis , you should know about... Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
Business Insider
17-05-2025
- Business
- Business Insider
Kepler Capital Reaffirms Their Buy Rating on thyssenkrupp (0O1C)
Kepler Capital analyst Boris Bourdet maintained a Buy rating on thyssenkrupp (0O1C – Research Report) on May 15 and set a price target of €10.50. The company's shares closed last Thursday at €8.33. Confident Investing Starts Here: Quickly and easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter In addition to Kepler Capital , thyssenkrupp also received a Buy from Baader Bank's Christian Obst in a report issued on May 15. However, yesterday, Deutsche Bank maintained a Hold rating on thyssenkrupp (LSE: 0O1C). Based on thyssenkrupp's latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of €7.83 billion and a GAAP net loss of €51 million. In comparison, last year the company earned a revenue of €8.18 billion and had a GAAP net loss of €314 million Based on the recent corporate insider activity of 6 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of 0O1C in relation to earlier this year.
