Thyssenkrupp Nucera Thrives Amid Industry Challenges: Strong Growth Report

• thyssenkrupp nucera reported a 73% increase in new orders for green hydrogen, reflecting strong growth in the electrolysis sector.
• The company started the financial year with a high order backlog exceeding EUR 1 billion, indicating robust demand.
• Sales of water electrolyzers surged by 30% to EUR 862 million, driven primarily by the alkaline water electrolysis segment.
• thyssenkrupp nucera invested heavily in R&D, nearly doubling expenses to EUR 36 million to enhance its competitive position.
• Despite a decline in EBIT to EUR -14 million, the company reported a positive net result of EUR 11 million, supported by increased interest income.
• The management expects sales for the 2024/2025 fiscal year to range between EUR 850 million and EUR 950 million, with a focus on contractually agreed projects.

The next important date, BofA Hydrogen Conference (Virtual), at thyssenkrupp nucera is on 17.12.2024.

The price of thyssenkrupp nucera at the time of the news was 8,9825EUR and did not change compared to the previous day.
14 minutes after the article was published, the price was 9,0275EUR this corresponds to a plus of +0,50 % since publication.
At this time, the index SDAX was at 13.918,68PKT (-1,09 %).

thyssenkrupp nucera

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-11,99 %

-30,74 %

-42,50 %

-66,75 %

ISIN:DE000NCA0001WKN:NCA000

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