Nucera upholds FY forecast amid improved Q3 orders
- Admin
- Aug 13, 2024
- 1 min read
German electrolyser maker Thyssenkrupp Nucera AG & Co KgaA reiterated its full-year sales and earnings forecast after a strong performance in its third fiscal quarter. The company faced uncertainty in the green hydrogen market due to regulatory issues but experienced significant growth with orders for alkaline water electrolysis. Thyssenkrupp Nucera secured a major contract for H2 Green Steel's green steel plant project in Sweden. Despite a drop in chlor-alkali electrolysers orders, the company achieved record sales and expects continued growth in the current financial year.
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