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NCH2 thyssenkrupp nucera AG & Co KgaA News Story

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Thyssenkrupp Nucera reports worse than expected quarterly loss

Aug 13 (Reuters) - German hydrogen equipment supplier Thyssenkrupp Nucera NCH2.DE on Wednesday reported a worse than expected third quarter loss, as it continues to face project postponements in a weak hydrogen market.

The company reported a net loss of 2 million euros ($2.33 million), below the 1 million euro average predicted by analysts in a Vara-research compiled poll. That compares to a 7 million euros profit in the same period last year.

The company also confirmed its full year guidance.

In July the hydrogen group had slightly raised its profit expectations for its 2025 financial year when it reported preliminary third quarter results.

($1 = 0.8568 euros)

 (Reporting by Marleen Kaesebier, Tom Kaeckenhoff and Christoph Steitz)

 ((marleen.kaesebier@thomsonreuters.com;))

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