Pyrum Innovations AG Adjusts 2026 Forecast Amid Delays

Pyrum Innovations AG reported a significant revenue increase for the first half of 2026, rising to EUR 1,743 thousand compared to EUR 1,267 thousand in the same period in 2025. However, the company underperformed expectations due to delays in the Dillingen grinding and pelletizing plant's ramp-up. Total output fell to EUR 3,787 thousand, a decline attributed to the transition of key plant components to regular operation in 2025.

The delayed operational start has led Pyrum to revise its 2026 full-year revenue forecast downward to a range between EUR 4.2 million and EUR 5.3 million. The company anticipates consolidated EBIT for 2026 to range from EUR -10.0 million to EUR -12.5 million, acknowledging that additional short-term production hours will incur higher costs.

Meanwhile, a recent EUR 24 million grant commitment for a project in Sweden with GreenTech Recycling Tires AB is expected to boost future momentum. This project involves constructing a plant capable of recycling 22,700 tons of end-of-life tires annually.