FRANKFURT—German industrial conglomerate Thyssenkrupp AG reported a 34% slide in net profit for the third quarter of its fiscal 2016, weighed down by drops in global steel and material prices from a year ago. Analysts had predicted a net profit of €128 million, according to a... Net profit for the period ended June 30 was €130 million, compared with €199 million during the same period last year, slightly beating analysts’ forecast.

Source: Wall Street Journal August 11, 2016 05:00 UTC