Pyrum Innovations

As of the cut-off at the end of the third quarter, Pyrum has, following technical modifications by the manufacturer, only achieved peak throughput of 1.25 tonnes per hour instead of the targeted 1.65 tonnes per hour. The company views the setback as temporary; in the medium term the prospects for end-of-life tyre recycling and pellet production remain promising. » Mere på finanzen.net

Pyrum has not yet reached the targeted throughput rate of its grinding and pelleting plant and has therefore reduced its 2026 revenue forecast from €6.5–9.5 million to €4.2–5.3 million and its EBIT expectation to -€10.0 to -€12.5 million. As a remedy, a new dosing system was ordered in May/June and is due to be delivered in November, which could fully resolve the bottleneck. Until then the company is running a three-shift operation including Saturday work, and if financing is successful the growth prospects from 2027 remain unchangedly good. The stock suffered a brief price setback but has quickly recovered most of it. » Mere på finanzen.net

Pyrum Innovations has significantly cut its 2026 forecast: revenue is now expected at €4.2–5.3 million (previously €6.5–9.5 million), group EBIT at around -€10.0 to -€12.5 million (previously -€8.0 to -€10.5 million). Total output is expected to reach €11.0–14.0 million (previously €12.0–18.0 million). The reason is the slow ramp-up of the new grinding and pelleting plant, which currently achieves only up to 1,250 kg/h instead of the planned 1,650 kg/h; the supplier is working on technical solutions. The half-year financials will be published on 23 September 2026. » Mere på finanzen.net