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Added to YB: 2025-12-22

Pitch date: 2025-12-18

NCH2.DE [neutral]

thyssenkrupp nucera AG & Co. KGaA

+1.4%

current return

Author Info

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Company Info

thyssenkrupp nucera AG & Co. KGaA engages in the development, engineering, procurement, commissioning, and licensing of high-performance electrolysis technologies in Germany, Italy, the Middle East, Africa, South America, Asia, and internationally.

Market Cap

EUR 1.1B

Pitch Price

EUR 8.91

Price Target

N/A

Dividend

N/A

EV/EBITDA

28.56

P/E

212.25

EV/Sales

0.51

Sector

Construction and Engineering

Category

turnaround

Show full summary:
Thyssenkrupp nucera (NCH2 Germany): holding the line through a hydrogen downturn while order optionality builds

NCH2.DE (update): H2 downturn continues w/ group sales -€845M, EBIT +€2M vs prior loss showing cost discipline. Chlor-alkali growth offsets gH2 decline. €0.6B backlog provides visibility. FY26 guide: €500-600M sales, -€30M to breakeven EBIT. Order intake €350-900M range reflects gH2 project timing uncertainty but upside optionality intact.

Read full article (2 min)