Capital Markets Day 2019: thyssenkrupp aims to continue profitable growth in elevator business
(WorldNews Germany)

At a Capital Markets Day in London today, the elevator management team led by CEO Peter Walker presents their strategy and targets for the coming years to more than 100 investor representatives and analysts. The targets foresee low- to mid-single digit exchange rate adjusted growth for the fiscal years 2019/20 and 2020/21. Improving operating performance is at the core of the new strategy, with a targeted increase in the adjusted EBIT margin of 11.5 to 13.0 percent by fiscal year 2020/21. thyssenkrupp Elevator aims to achieve these targets by further standardizing products and optimizing the production network. In addition, thyssenkrupp Elevator plans to further expand and improve its...