thyssenkrupp nucera AG & Co. KGaA
ISIN: DE000NCA0001
WKN: NCA000
12 December 2024 11:47AM

Hydrom and thyssenkrupp nucera Collaborate on Developing Oman’s Green Hydrogen Industry

thyssenkrupp nucera AG & Co. KGaA · ISIN: DE000NCA0001 · EQS - Company News
Country: Germany · Primary market: Germany · EQS NID: 2050143


EQS-Media / 12.12.2024 / 11:47 CET/CEST

Hydrom and thyssenkrupp nucera Collaborate on Developing Oman’s Green Hydrogen Industry

  • Hydrom and thyssenkrupp nucera sign Memorandum of Understanding to explore the potential of localization of assembly and service hubs for water electrolyzers
  • Collaboration with Hydrom expands thyssenkrupp nucera's footprint and commitment to the Middle East region
  • Memorandum of Understanding as further indication of thyssenkrupp nucera's localization efforts with strong partners worldwide to develop global hydrogen markets regionally

Dortmund / Muscat, December 12, 2024 – Hydrogen Oman („Hydrom“) and thyssenkrupp nucera have signed a Memorandum of Understanding (MoU) to work together in supporting the growing green hydrogen sector in the Sultanate of Oman, with the aim of fostering future collaboration. Identifying the potential for localization and exploring development opportunities are key aspects of the intended collaboration.

The MoU was signed in the presence of Oman’s Minister of Energy and Minerals, HE Salim Nasser Al Aufi, during Hydrom’s inaugural gH2 Investor Day in Muscat, Oman. Hydrom is the national orchestrator for Oman’s green hydrogen strategy and has awarded over 2,300 square kilometers of land for large-scale green hydrogen production. The company plays a pivotal role in fostering an integrated ecosystem by identifying local applications, building strategic partnerships, and supporting comprehensive market analyses. Hydrom is also driving initiatives to streamline regulatory frameworks, enhance infrastructure planning, and align workforce development with sector needs, ensuring a sustainable and scalable hydrogen economy that meets both domestic and global demand.

“Hydrom is orchestrating all green hydrogen activities including a master plan for the sector in the Sultanate of Oman. As thyssenkrupp nucera, we are committed to bringing deep expertise in electrolysis technology to support this ambition. With decades of experience and innovative solutions in electrolysis business, we are well-equipped to strengthen our presence in the Middle East by laying the foundation for a successful green hydrogen sector in Oman in partnership with Hydrom,” said Dr. Werner Ponikwar, CEO at thyssenkrupp nucera.

“Green hydrogen has the potential to be a central element in Oman’s clean economy, supporting a more sustainable and decarbonized future. Through the development of a competitive and sustainable green hydrogen ecosystem, we aim to position the Sultanate as a leading global green hydrogen hub. Collaborating with thyssenkrupp nucera is a further significant step on our way to achieve our ambition,” said Eng. Abdulaziz Said Al Shidhani, Managing Director of Hydrom.

Due to its strategic location between two major green hydrogen demand centers in Europe and Asia as well as its extraordinary infrastructure and logistics capabilities, Oman is one of the global first-mover hydrogen markets. According to Oman’s Vision 2040, the Sultanate aims to diversify its economy and prioritize sustainability through the development of renewable energy and green technologies. In line with this vision, Oman is committed to achieving net-zero emissions by 2050, with green hydrogen playing a key role in this transition.

 

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Media inquiries:  

Hydrom:
IDENTITY
E: latest@ouridentity.com
M: +968 77404070
 
thyssenkrupp nucera:
Dr. Marcel Kleifeld
Senior External Communications Manager 
Phone: +49 231 22972 4361
E-Mail: marcel.kleifeld@thyssenkrupp-nucera.com  
 
 
Investor inquiries:
 
thyssenkrupp nucera:
Dr. Hendrik Finger
Head of Investor Relations
Phone: +49 231 229 724 347
E-Mail: hendrik.finger@thyssenkrupp-nucera.com
     
     

About Hydrom:

Hydrom serves as the national orchestrator of Oman’s Green Hydrogen Strategy execution and Green Hydrogen economy development. Its mandate includes setting the strategy and advising government on policies and legal framework for the hydrogen sector in addition to delineating government-owned lands earmarked for hydrogen. Hydrom is also responsible for the structuring of large-scale green hydrogen projects, managing the allocation process to developers, and facilitating the development of shared infrastructure and connected ecosystem industries and hubs. Through its role, Hydrom is advancing In-country Value by generating employment, expanding educational resources and developing localized supply chains and industry-adjacent opportunities across the value chain.

www.hydrom.om

  

About thyssenkrupp nucera:  

thyssenkrupp nucera offers world-leading technologies for high-efficiency electrolysis plants. The company has extensive in-depth knowledge in the engineering, procurement, and construction of electrochemical plants and a strong track record of more than 600 projects with a total rating of over 10 gigawatts already successfully installed. With its water electrolysis technology to produce green hydrogen, the company offers an innovative solution on an industrial scale for green value chains and an industry fueled by clean energy – a major step towards a climate-neutrality. thyssenkrupp nucera successfully made an IPO in July 2023 and is a member of the SDAX of the Frankfurt Stock Exchange since September 2023. 

www.thyssenkrupp-nucera.com



End of Media Release


Issuer: thyssenkrupp nucera AG & Co. KGaA
Key word(s): Enterprise

12.12.2024 CET/CEST Dissemination of a Press Release, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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Language: English
Company: thyssenkrupp nucera AG & Co. KGaA
Freie-Vogel-Str. 385 a
44269 Dortmund
Germany
Phone: +49 231-22972-7100
E-mail: info@thyssenkrupp-nucera.com
Internet: www.thyssenkrupp-nucera.com
ISIN: DE000NCA0001
WKN: NCA000
Indices: SDAX
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 2050143

 
End of News EQS Media

2050143  12.12.2024 CET/CEST

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  2018 2019 2020 2021 2022 2023 2024e
Sales1 0,00 0,00 254,25 319,50 383,19 652,80 862,00
EBITDA1,2 0,00 0,00 30,04 30,05 12,22 28,70 -8,00
EBITDA-Margin3 0,00 0,00 11,82 9,41 3,19 4,40 -0,93
EBIT1,4 0,00 0,00 26,75 26,90 8,82 23,80 -14,00
EBIT-Margin5 0,00 0,00 10,52 8,42 2,30 3,65 -1,62
Net Profit (Loss)1 0,00 0,00 21,67 21,29 6,04 22,50 11,00
Net-Margin6 0,00 0,00 8,52 6,66 1,58 3,45 1,28
Cashflow1,7 0,00 0,00 4,28 36,60 87,11 -14,20 -62,00
Earnings per share8 0,00 0,00 0,17 0,17 0,06 0,23 0,09
Dividend per share8 0,00 0,00 0,00 0,00 0,00 0,00 0,00
Quelle: boersengefluester.de and Company information
Explanation

1 in Mio. Euro; 2 EBITDA = Earnings before interest, taxes, depreciation and amortisation; 3 EBITDA in relation to sales; 4 EBIT = Earnings before interest and taxes; 5 EBIT in relation to sales; 6 Net profit (-loss) in relation to sales; 7 Cashflow from operations; 8 in Euro; Source: boersengefluester.de

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INVESTOR-INFORMATION
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ThyssenKrupp Nucera
WKN ISIN Legal Type Marketcap IPO Recommendation Plus Code
NCA000 DE000NCA0001 AG & Co. KGaA 1.282,10 Mio € 07.07.2023 9F39GG4H+FR
* * *
PE 2025e PE 10Y-Ø BGFL-Ratio Shiller-PE PB PCF KUV
253,75 0,00 0,00 79,92 1,70 -20,68 1,49
Dividends
Dividend '2022
in €
Dividend '2023
in €
Dividend '2024e
in €
Div.-Yield '2024e
in %
0,00 0,00 0,00 0,00%
Financial calendar
Annual General Meeting Q1-figures Q2-figures Q3-figures Annual press conference
05.02.2025 13.02.2025 15.05.2025 14.08.2025 17.12.2024
Performance
Distance 60-days-line Distance 200-days-line Performance YtD Performance 52 weeks IPO
Last Price (EoD)
-4,25%
10,15 €
ATH 25,28 €
+11,39% -0,68% -44,99% -43,92% -49,25%

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