Press release
of Pyrum Innovations AG
Pyrum Innovations AG publishes figures for the first nine months of 2025
o Sales increase by 62% to EUR 1,762 thousand (9M 2024: EUR 1,086 thousand)
o Total output at previous year's level of EUR 7,594 thousand (9M 2024: EUR
7,653 thousand)
o EBITDA improves to EUR -4,734 thousand (9M 2024: EUR -5,445 thousand) as a
result of investment subsidies affecting income (one-time effect)
o Significant progress made on own projects and planned joint ventures
o Groundbreaking ceremony for Pyrum's second plant in Perl-Besch
o Joint venture for plant in Czechia established
o Financing for plant in Greece secured through grant approval from the European
Innovation Fund
Dillingen / Saar, 21 November 2025 - Pyrum Innovations AG ("Pyrum", the
"Company", ISIN: DE000A2G8ZX8) today published its interim group report for the
period from 1 January to
30 September 2025. Sales in the first nine months amounted to EUR 1,762
thousand, up around 62% on the same period of the previous year (9M 2024: EUR
1,086 thousand). Capitalized own work amounted to EUR 5,661 thousand (9M 2024:
EUR 6,192 thousand). The decline resulted from the largely completed
commissioning work on most of the plant components for the factory expansion in
Dillingen. At EUR 7,594 thousand, total output was thus at the previous year's
level (9M 2024: EUR 7,653 thousand). Other operating income tripled compared to
the same period last year to EUR 2,819 thousand
(9M 2024: EUR 881 thousand). This was due to investment subsidies of EUR 2,422
thousand (EUR 531 thousand) for the creation of jobs in Dillingen, which
resulted from the completion of the main facilities for the plant expansion.
EBITDA improved in the first nine months of 2025 compared to the same period
last year to EUR -4,734 thousand (9M 2024: EUR -5,445 thousand). Earnings before
interest and taxes (EBIT) amounted to EUR -7,232 thousand (9M 2024: EUR -7,132
thousand). Adjusted for investment grants and capital procurement costs, EBITDA
amounted to EUR -7,048 thousand (9M 2024: EUR -5,904 thousand) and EBIT to EUR
-9,546 thousand (9M 2024: EUR -7,591 thousand). The consolidated net result for
the period amounted to EUR -8,243 thousand
(9M 2024: EUR -7,982 thousand). Available liquidity as of 30 September 2025
amounted to EUR 5,127 thousand (31 December 2024: EUR 11,740 thousand).
Pascal Klein, CEO of Pyrum Innovations AG: "We have recently made great progress
with regard to our rollout plan. In Perl-Besch, we broke ground for Pyrum's next
plant and have already ordered key long-lead components. In Czechia, we have
signed the joint venture agreement with the SUAS Group and have already
concluded a 10-year purchase agreement for the oil produced there. In addition,
funding from the European Innovation Fund has been approved for the project in
Greece, which means that financing is fully secured. Based on these
developments, we continue to expect to significantly expand our production
capacities by 2027 and achieve a positive result."
With regard to the full-year forecast, Pyrum recently assumed that it would be
able to significantly increase the production output of the new grinding and
pelletising plant in the remainder of 2025. Although initial adjustments have
already been made, these targets have not yet been achieved to the extent
expected. Nevertheless, the management of Pyrum Innovations AG expects to
achieve the forecast sales for the Group and the AG of between
EUR 4.5 million and EUR 6.0 million and total output in a range of EUR 10
million to
EUR 15 million at the lower end of the ranges. The Group's earnings before
interest and taxes for the full year 2025 are still expected to be in the range
of EUR -8.5 million to
EUR -10.5 million.
The interim group report for the period from 1 January to 30 September 2025 of
Pyrum Innovations AG is available on the company's website at
https://www.pyrum.net/en/investors/financial-publications/.
About Pyrum Innovations AG
Pyrum Innovations AG has revolutionised the recycling market for end-of-life
tyres. Since 2008, the company has been developing an innovative thermolysis
technology that enables end-of-life tyres and plastics to be recycled with
virtually no emissions. The process can recover high-quality products such as
thermolysis oil and rCB (recovered Carbon Black), which are used by renowned
partners such as BASF, Continental and Schwalbe to manufacture new products. In
this way, the company closes the material cycle and pursues a sustainable
business model in line with climate targets. Since 2020, the first plant at the
company's headquarters in Dillingen/Saar has been in continuous operation, and
two further plants have been added as part of the site expansion in 2024.
Prestigious certifications such as REACH and ISCC Plus prove the quality and
sustainability of the products.
https://www.pyrum.net/en/
Contact
iron AG
Frederic Hilke
Phone: +49 221 9140 970
Email: pyrum@ir-on.com
Pyrum Innovations AG
Dieselstraße 8
66763 Dillingen / Saar
Email: presse@pyrum.net