© Reuters. FILE PHOTO: Thyssenkrupp’s logo is seen outside the elevator test tower in Rottweil, Germany, January 21, 2020. REUTERS/Michaela Rehle/File Photo
By Victoria Waldersee and Tom Käckenhoff
BERLIN (Reuters) – Thyssenkrupp (DE:)’s radical restructuring involving a string of disposals and cost cuts is about halfway complete, with the group on track for higher sales and margins in coming years, its leadership team said on Thursday on its Capital Markets Day.
The sprawling conglomerate began stripping off division after division in 2020, including a sale of its profitable elevator business for 17.2 billion euros ($19.50 billion), in an attempt to