Delayed projects led to revenues in Danish green tech business Topsoe’s catalyst and technology businesses falling by 10% and 14% respectively in the first half of 2025.
Overall revenues amounted to DKK3,679m ($571.8m) compared with DKK4,150m ($645m) in the same period in 2024.
CEO Roeland Baan said its financial performance was impacted by uncertainty in the market globally, but said he remained confident in the long-term growth of fuels and chemicals for the energy transition.
“We will continue to take a leading role in providing advanced science-based solutions for conventional fuels and the decarbonisation of energy-intensive industries and long-distance transportation,” he said.
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