ThyssenKrupp announces 3rd quarter income

ThyssenKrupp announces 3rd quarter income

ThyssenKrupp reported its income for its fiscal third quarter result for the period ending June 30, 2002. A company report states that "Income before taxes and minority interest in the 3rd quarter was €316 million , €119 million lower than in the comparable prior-year period. The figure for the first nine months was €440 million, €568 million down from a year earlier. After eliminating non-recurring effects, income in the 3rd quarter at €270 million was €168 million higher than in the corresponding prior-year period. In the first nine months earnings of €279 million were generated, compared with €604 million a year earlier." Sales for the three quarters were down 5% comapred to previous year.