thyssenkrupp advances ACES 2030 transformation across business segments through differentiated approaches. Automotive Technology implements a €150 million cost reduction programme eliminating 1,800 jobs whilst reorganising into four business units & divesting Automation Engineering to Agile Robots SE. Steel Europe signed a collective restructuring agreement reducing capacity from 11.5 million to 8.7-9 million metric tons annually whilst reviewing a Jindal Steel International acquisition offer. thyssenkrupp Marine Systems completed its October 2025 stock market listing & gains December MDAX inclusion alongside an €18.2 billion order backlog. Materials Services expands North American operations whilst strengthening digital capabilities.