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Pyrum Innovations AG ( (DE:PYR) ) has shared an update.
Pyrum Innovations AG reported a significant increase in revenue by 79% to EUR 1,267 thousand for the first half of 2025, driven by ongoing investments and plant expansions. Despite improvements in EBITDA and net income, the company maintains its full-year revenue forecast but expects total output to be below expectations. The company is focused on expanding capacity with new plant constructions and improving production processes to enhance sales, while a recent capital increase has bolstered its financial position.
The most recent analyst rating on (DE:PYR) stock is a Buy with a NOK58.00 price target. To see the full list of analyst forecasts on Pyrum Innovations AG stock, see the DE:PYR Stock Forecast page.
More about Pyrum Innovations AG
Pyrum Innovations AG is a leader in the recycling market for end-of-life tyres, utilizing innovative thermolysis technology to recycle tyres and plastics with minimal emissions. The company produces high-quality products like thermolysis oil and recovered Carbon Black (rCB), used by partners such as BASF, Continental, and Schwalbe. Operating since 2020, Pyrum’s sustainable business model aligns with climate targets, and it has expanded its operations with additional plants since 2024.
Average Trading Volume: 832
Current Market Cap: NOK1.3B
For detailed information about PYR stock, go to TipRanks’ Stock Analysis page.