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Thyssenkrupp Nucera trims full-year outlook citing costs related to green hydrogen segment 
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Thyssenkrupp Nucera trims full-year outlook citing costs related to green hydrogen segment 
Mar 17, 2026 3:23 PM

March 17 (Reuters) - German electrolysis equipment maker

Thyssenkrupp Nucera lowered its full-year outlook on

Tuesday, citing higher-than-expected costs related to the

company's green hydrogen segment.

The company now expects full-year sales in the range of 450

million euros to 550 million euros ($519.1 million to $634.5

million), down from its earlier forecast of 500 million to 600

million euros.

Thyssenkrupp Nucera also lowered its earnings before

interest and taxes outlook for the financial year to a loss of

80 million and 30 million euros, compared with its prior

expectations of a loss of 30 million euros to break-even.

Reduced expectations in the company's green hydrogen segment

were the primary reason for the forecast cut across the group.

The company expects EBIT for the segment between a loss of 90

million and 125 euros, wider than its earlier guidance of a loss

between 55 million and 80 million euros.

The Dortmund, Germany-based company cited

higher-than-expected expenses related to some already delivered

models, as well as the termination of a contract for a 20 MW

pilot plant as the reasons for the trimmed guidance for the

segment.

For the full year, Thyssenkrupp Nucera now forecasts sales

for the green hydrogen segment to be in the range of 120 million

to 170 million euros, down from its previous estimate of 150

million to 220 million euros.

The market for green hydrogen has been a challenging area

for Thyssenkrupp Nucera. The company, which is majority-owned by

Thyssenkrupp, had pointed to headwinds in the sector

in its annual results last year and said that investors had

become more hesitant with regard to green hydrogen investments.

($1 = 0.8669 euros)

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