Thyssenkrupp Nucera Reports Stable Business Performance in Third Quarter

Thyssenkrupp Nucera has maintained stable business development in the third quarter of fiscal year 2024/2025. The company reported increased sales and profit in the first nine months due to improved gross margins and cost management. Revenue grew by 9% to EUR 663 million, with the green hydrogen segment showing an 8% increase. However, the order intake saw a 54% decrease year-over-year, influenced by challenging conditions in the international hydrogen market.

Significant strides were made with the acquisition of Green Hydrogen Systems, enhancing their high-pressure electrolysis technology. Additionally, substantial orders were secured in the chlor-alkali sector, including expansions in both the Middle East and India. Despite these advancements, third-quarter sales saw a decline of 22% to EUR 184 million, largely due to prior project completions.

The company's financial position remains robust, supported by positive free cash flow. Overall, Thyssenkrupp Nucera's outlook remains optimistic, with a confirmed updated forecast for the full fiscal year. The enterprise continues investing in R&D, focusing on innovative electrolysis solutions to enhance its position in the green hydrogen market.