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Thyssenkrupp Nucera's second-quarter net loss widens - Finance news and analysis from Global Banking & Finance Review
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Thyssenkrupp Nucera's second-quarter net loss widens

Published by Global Banking & Finance Review

Posted on May 12, 2026

1 min read

· Last updated: May 12, 2026

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Thyssenkrupp Nucera Q2 Net Loss Widens to 64 Million Euros in 2024

Financial Results and Key Developments

Net Loss and Contributing Factors

FRANKFURT, May 12 (Reuters) - Thyssenkrupp Nucera on Tuesday said its net loss widened to 64 million euros ($75.4 million) in the second quarter, missing estimates, citing higher costs for hydrogen projects and the termination of a contract.

Free Cash Flow Performance

The company, which pre-released quarterly results last week, also said free cash flow in the quarter rose to 9 million euros, compared with a negative 5 million euros a year earlier.

Exchange Rate Information

($1 = 0.8492 euros)

Reporting Credits

(Reporting by Christoph Steitz; Editing by Tom Hogue)

Key Takeaways

  • Net loss widened to €64 million in Q2, missing estimates — driven by higher green hydrogen costs and a terminated U.S. pilot contract (onvista.de)
  • Free cash flow turned positive at €9 million, improving significantly from −€5 million a year earlier (tradingview.com)
  • Despite the headline loss, order intake surged—led by a 300 MW green hydrogen project in Spain—indicating strong project pipeline (webdisclosure.com)

References

Frequently Asked Questions

What was Thyssenkrupp Nucera's net loss in the second quarter?
Thyssenkrupp Nucera reported a net loss of 64 million euros in the second quarter.
What factors contributed to Thyssenkrupp Nucera's wider net loss?
The wider net loss was attributed to higher costs for hydrogen projects and the termination of a contract.
How did Thyssenkrupp Nucera's free cash flow change in the quarter?
Free cash flow improved to 9 million euros, compared with negative 5 million euros a year earlier.
Did Thyssenkrupp Nucera meet earnings estimates for the second quarter?
No, Thyssenkrupp Nucera missed earnings estimates in the second quarter.

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