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Pyrum Innovations AG reports strong sales growth, narrowed Q3 losses

November 21, 2025 at 02:02 PM UTCBy FilingReader AI

Pyrum Innovations AG reported a 62% increase in sales to €1,762 thousand for the first nine months of 2025, up from €1,086 thousand in the same period of 2024. EBITDA improved to €-4,734 thousand from €-5,445 thousand in the first nine months of 2024, partly due to a one-time effect from investment subsidies totaling €2,422 thousand. The consolidated net result for the period was €-8,243 thousand, a slight increase in loss from €-7,982 thousand in the first nine months of 2024. Available liquidity as of September 30, 2025, stood at €5,127 thousand.

The company made significant progress on its rollout plan, including the groundbreaking for its second plant in Perl-Besch and establishing a joint venture for a plant in Czechia, which secured a 10-year oil purchase agreement. Financing for a plant in Greece was also fully secured through a €29.4 million grant from the European Innovation Fund.

For the full year 2025, Pyrum Innovations AG anticipates sales between €4.5 million and €6.0 million. The Group's EBITDA for the full year 2025 is projected to be between €-8.5 million and €-10.5 million.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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