7 days ago
Thyssenkrupp Nucera reports worse than expected quarterly loss
Aug 13 (Reuters) - German hydrogen equipment supplier Thyssenkrupp Nucera ( opens new tab on Wednesday reported a worse than expected third quarter loss, as it continues to face project postponements in a weak hydrogen market.
The company reported a net loss of 2 million euros ($2.33 million), below the 1 million euro average predicted by analysts in a Vara-research compiled poll. That compares to a 7 million euros profit in the same period last year.
The company also confirmed its full year guidance.
In July the hydrogen group had slightly raised, opens new tab its profit expectations for its 2025 financial year when it reported preliminary third quarter results.
($1 = 0.8568 euros)
