FRANKFURT, Aug 11 (Reuters) – Thyssenkrupp (TKAG.DE) on Wednesday flagged a cash gap of up to 1.5 billion euros ($1.8 billion) for its full year, citing restructuring costs and higher investments, as the German conglomerate continues efforts to streamline its businesses.
Shares of the steel-to-submarines group fell as much as 7.7% on the outlook for free cash flow before mergers and acquisitions, which is now expected to be a negative 1.2-1.5 billion euros in the year to September.
Thyssenkrupp, which reported third-quarter results that showed a marked improvement …
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