German hydrogen firm Thyssenkrupp Nucera reported a strong start to its first quarter, with revenue rising more than a third to €208.3 million ($224 million) in the period until December 31. However, the costs of expanding its business weighed on profitability. Thyssenkrupp Nucera recorded a loss before interest and taxes (EBIT) of €0.9 million - after a profit of €11 million a year ago. The firm, which offers large-scale electrolyzers to produce green hydrogen, was nevertheless in the black tha
European shares fell on Tuesday as
investors turned cautious ahead of U.S. consumer price data that
is crucial to determine the Federal Reserve s interest rate
trajectory, and also assessed corporate.
By Nina Kienle Thyssenkrupp Nucera shares rose after the company reported higher first-quarter revenue and order intake that beat consensus estimates. At.
Hydrogen Projects In The United States: "We don t see that our clients and potential clients, are very concerned about those developments. We believe . most of them can live very well with that. And we re also seeing now that projects are progressing in their development," CEO Werner Ponikwar told analysts after presenting first-quarter results.