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Thyssenkrupp CFO: possible listing of Nucera would take place in H1

Published 10/02/2022, 08:54
Updated 10/02/2022, 09:22
© Reuters. FILE PHOTO: A logo of Thyssenkrupp AG is pictured at the company's headquarters in Essen, Germany, November 21, 2018. REUTERS/Thilo Schmuelgen
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FRANKFURT (Reuters) - Thyssenkrupp (DE:TKAG) will list its hydrogen division Nucera in the first half of 2022 if it decides in favour of such a move, Chief Financial Officer Klaus Keysberg said on Thursday.

"If we decide in favour of a stock market flotation, we will execute it shortly thereafter," he told journalists after presenting first-quarter results.

© Reuters. FILE PHOTO: A logo of Thyssenkrupp AG is pictured at the company's headquarters in Essen, Germany, November 21, 2018. REUTERS/Thilo Schmuelgen

"We have mentioned the first half and we're sticking with that."

Thyssenkrupp last week said that it wanted to decide on a potential initial public offering of Nucera, a 66-34 joint venture with Italy's De Nora in the first half, sounding a more cautious tone on the timing.

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