By Tino Andresen, Bloomberg 11/12/2012
ThyssenKrupp AG (TKA), Germany’s biggest steelmaker, won’t pay an annual dividend after posting a second straight yearly loss, including a 3.6 billion-euro ($4.7 billion) writedown on its Steel Americas unit.
The net loss widened to 4.7 billion euros in the year ended Sept. 30, the Essen-based company said yesterday in a statement on its website. The loss was 1.29 billion euros a year earlier.