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German hydrogen firm Thyssenkrupp Nucera reported a strong start to its first quarter, with revenue rising more than a third to €208.3 million ($224 million) in the period until December 31. However, the costs of expanding its business weighed on profitability. Thyssenkrupp Nucera recorded a loss before interest and taxes (EBIT) of €0.9 million – after a profit of €11 million a year ago. The firm, which offers large-scale electrolyzers to produce green hydrogen, was nevertheless in the black thanks to increased interest income. The net result of €2.8 million was below the previous year’s level…

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