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Thyssenkrupp Nucera on Monday reported strong growth in sales and operating income in its third quarter but warned that investment in plants for producing green hydrogen could weigh on earnings over the 2022/23 financial year. Reporting its first financial results since a blockbuster market debut in July, the German hydrogen firm said sales grew by 90% year on year to 187.5 million euros. Earnings before interest and taxes (EBIT) rose 59% to reach 7 million euros. “With the pleasingly high cash inflow from the IPO we are well equipped for the systematic and rapid implementation
August 28, 2023