Thyssenkrupp Nucera Reports $14.3 Million Loss in Q1 Green Hydrogen Business
Thyssenkrupp Nucera reported a $14.3 million loss before interest and tax in its green hydrogen segment for Q1 of fiscal 2025/26, attributing the decline to challenging market conditions and earlier recognition of income from the NEOM project in Saudi Arabia.
Theia Market Signal Identification - AI AssistedPublished Feb 13, 2026
Thyssenkrupp Nucera reported a loss of $14.3 million before interest and tax in its green hydrogen segment for the first quarter of fiscal 2025/26, attributed to difficult market conditions. The company indicated that a significant portion of income from the NEOM green hydrogen project in Saudi Arabia had been recognized earlier, affecting current financial results. Despite these challenges, CEO Werner Ponikwar noted a growing positive market momentum in the green hydrogen sector.
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