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-0.00220750551876375 -0.00220750551876375 -0.00386313465783653 -0.00386313465783653 -0.00206033848417945 0.00147167034584263 0 0.000699043414275272
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Thyssenkrupp Marine Systems targets higher margins as defense orders surge [Seeking Alpha]

THYSSENKRUPP AG S/ADR (TKAMY) 
NASDAQ:AMEX Investor Relations: thyssenkrupp.com/en/investors
Company Research Source: Seeking Alpha
Thyssenkrupp (TYKEF) ( OTCPK:TKAMY ) plans to spin off later this year, is aiming to lift profitability to over 7% as global demand for naval vessels accelerates in response to heightened security concerns. Quick Insights TKMS is expanding its arsenal and targeting annual sales growth of about 10% as demand for naval vessels increases due to heightened security concerns. TKMS aims to raise operating margins above 7% and will introduce dividends at a payout ratio between 30% and 50% of net earnings beginning in 2027. After spinning off, Thyssenkrupp will keep a 51% stake, with safeguards requiring government clearance for large share sales and keeping production in Germany for at least a decade. More Trending News Show less Read more
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