Thyssenkrupp forecasts profit rise as it seeks to win back trust
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ESSEN, Germany (Reuters) - Thyssenkrupp gave a bullish outlook for 2019 on Wednesday, forecasting a recovery at almost all its divisions, as new CEO Guido Kerkhoff attempts to restore investors' trust in the German industrial conglomerate.Kerkhoff, who took over in September, hopes to assuage mounting shareholder disquiet by spinning off the elevators and car parts businesses into one division in a bid to unlock value.But since the news, shares have fallen nearly 29 percent, burdened by a fresh..