A six-fold increase in alkaline water electrolysis (AWE) sales, improved project mix and enhanced project execution spurred thyssenkrupp nucera to record a €22.5m net income in 2022/23.
While its order intake (down 54%) and backlog (down 5%) were blots on the balance sheet, the strong AWE performance saw sales jump from €50.7m to €323.2m. Overall sales rose 70% to €652.8m (previous year: 383.1m) though Chlor-alkali electrolysis sales fell 1% to €329.6m.
Dr. Werner Ponikwar, CEO of thyssenkrupp nucera, said in the fiscal year 2022/2023, it further expanded its position as a leading global supplier of water electrolysis technology for the production of green hydrogen.
He said, “Sales and profits have developed very positively and offer us a good starting position for the growth program and the further development of the company. We will continue to drive our business forward and take and systematically implement the necessary operational and strategic measures.”
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