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Pyrum Innovations AG ( (DE:PYR) ) just unveiled an update.
Pyrum Innovations AG reported a 62% increase in sales for the first nine months of 2025, reaching EUR 1,762 thousand. The company made significant progress in its expansion plans, including groundbreaking for a new plant in Perl-Besch, establishing a joint venture in Czechia, and securing financing for a plant in Greece. Despite not fully achieving expected production targets, Pyrum remains optimistic about expanding production capacities by 2027 and achieving positive results. The company’s financial outlook for 2025 expects sales between EUR 4.5 million and EUR 6.0 million, with total output projected at the lower end of EUR 10 million to EUR 15 million.
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 pioneering company in the recycling industry, focusing on the innovative thermolysis technology to recycle end-of-life tyres and plastics with minimal emissions. The company produces high-quality products like thermolysis oil and recovered Carbon Black, which are utilized by major partners such as BASF, Continental, and Schwalbe. Pyrum operates a sustainable business model aligned with climate goals, with continuous operations since 2020 and multiple plant expansions.
Average Trading Volume: 496
Current Market Cap: NOK1.27B
Find detailed analytics on PYR stock on TipRanks’ Stock Analysis page.