Thyssenkrupp Nucera slightly raises EBIT outlook for 2024-25 financial year

German hydrogen group Thyssenkrupp Nucera NCH2 specified its sales outlook for the current 2024-2025 financial year on Tuesday and slightly rose its profit expectations for the period.

The group now anticipates sales between 850 million euros ($993.23 million) and 920 million euros for the financial year, with incoming orders at 63 million euros for the third quarter.

The company expects earnings before interest and taxes for the financial year to range between –7 million euros and 7 million euros, an improvement on its previous EBIT outlook of between -30 million euros and 5 million euros.

($1 = 0.8558 euros)