FRANKFURT, May 15 (Reuters) - German conglomerate Thyssenkrupp cut its 2023/24 forecast for sales and net profit for the second time in three months, blaming lower demand and prices at its steel unit as well as impairments at its materials trading division.

The company, which makes steel, submarines and car parts, expects an annual net loss in the low triple-digit millions of euros, it said on Wednesday, having previously forecast break-even.

According to LSEG data, analysts on average expect a net profit of 203 million euros ($220 million) in the year to September.

($1 = 0.9245 euros) (Reporting by Christoph Steitz Editing by Mark Potter)