The company stated that the negative result was primarily due to €401 million in restructuring expenses allocated to the Steel Europe segment. It was also noted that impairment losses related to the planned sale of the Automation Engineering core business unit had adversely affected the financial results.

In contrast, adjusted EBIT rose by 10% to €211 million.

The Group's first-quarter sales declined to €7.2 billion from €7.8 billion in the same period last year. The company reported that this decrease reflects the ongoing weak market environment. New order intake fell to €7.7 billion from €12.5 billion. The signing of two major new construction contracts in the Marine Systems division during the same period last year created a base effect.

In a statement, CEO Miguel López said, "The first quarter once again demonstrated that we are steadily advancing the Group's transformation while incrementally strengthening our competitiveness."

Thyssenkrupp confirmed its group guidance for the 2025/2026 fiscal year and stated that it will continue to focus on its ACES 2030 future model.