Thyssenkrupp Nucera's second-quarter net loss widens
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The logo of Thyssenkrupp Nucera, one of Europe's biggest IPOs this year, is pictured at the headquarters of Thyssenkrupp's hydrogen division in Dortmund, Germany July 4, 2023. REUTERS/Stephane Nitschke
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.
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.
($1 = 0.8492 euros)
(Reporting by Christoph Steitz; Editing by Tom Hogue)
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