ThyssenKrupp Reports First Profit in Four Years

The video discusses Thyssenkrupp's financial recovery, highlighting the resumption of dividends and return to profitability after years of losses. It explores the company's growth in tech and industrial sectors, while addressing challenges in the US unit. The focus shifts to diversification into high-margin areas like elevators and car components, moving away from traditional steelmaking. The video also covers internal changes, including corporate culture shifts and cost-cutting measures, to improve efficiency and profitability.

What significant financial change did Thyssenkrupp experience after the financial crisis?

• They stopped paying dividends.

• They returned to profitability and resumed paying dividends.

• They increased their losses.

• They acquired a new steel plant.

Which sector is Thyssenkrupp focusing on as part of its diversification strategy?

• Steelmaking

• Textile manufacturing

• Elevators and car components

• Agriculture

What percentage of Thyssenkrupp's revenue is now dedicated to the elevator and car components sector?

• 50%

• 28%

• 75%

• 10%

What internal issue did Thyssenkrupp address to improve corporate governance?

• Lack of innovation

• Old boys network and corruption

• High employee turnover

• Insufficient marketing

In which geographical area is Thyssenkrupp still experiencing growth despite challenges in other regions?

• Asia

• Africa

• South America

• Europe