Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter
The latest update is out from Pyrum Innovations AG ( (DE:PYR) ).
Pyrum Innovations AG announced a correction in its Annual Report 2024, clarifying a typographical error regarding its 2026 fiscal forecast. The report mistakenly mentioned a balanced EBIT instead of the correct balanced EBITDA, which aligns with the company’s press release. This correction ensures stakeholders have accurate information about the company’s financial expectations, maintaining transparency and trust.
More about Pyrum Innovations AG
Pyrum Innovations AG is a pioneer in the recycling industry, focusing on end-of-life tyres and plastics. Since 2008, the company has developed thermolysis technology that recycles these materials with minimal emissions, producing high-quality outputs like thermolysis oil and recovered Carbon Black. These products are utilized by major partners such as BASF and Continental, aligning with sustainable business practices and climate goals. The company operates multiple plants and holds certifications like REACH and ISCC Plus, underscoring its commitment to quality and innovation.
Average Trading Volume: 559
Current Market Cap: NOK1.24B
For detailed information about PYR stock, go to TipRanks’ Stock Analysis page.