Thyssenkrupp expects its elevators business to reach its operating profit target by 2020 at the latest, as long as markets hold up, and its margin target a bit later, the head of the business said on Tuesday.
Thyssenkrupp Elevator is one of the world’s biggest makers of lifts, escalators and passenger boarding bridges and the most profitable part of the German steel-to-submarines group.
“The goal is continuous improvement,” Thyssenkrupp elevators Chief Executive Andreas Schierenbeck told Reuters in an interview at the Hannover Messe industry trade fair.
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