Deutsche Bank: ThyssenKrupp's profit margin may be further boosted by policy changes.

Bastian Synagowitz of Deutsche Bank said that ThyssenKrupp's profit margin may further expand as the German engineering group benefits from policy changes in the European Union. The analyst wrote that tightening regulations on importers of carbon-intensive goods has helped to increase profit margins. Synagowitz added that the performance improvement of the group's military shipbuilding company TKMS, as well as the potential divestment of its steel production division, are also positive factors. He said that in the next three fiscal years, the company's profits should be 4%-5% higher than Deutsche Bank's previous expectations. The company's stock rose 4.8% to 11.715 euros, reaching a seven-year high. As of Monday's close, the stock has increased by over 26% year-to-date.