Industry S03E01 Ending Explained: Who Is Sir Henry Muck? What Does He Want?

Curious about the Industry Season 3 Episode 1 ending? With the recent premiere of the third season, fans are left with burning questions, especially with the debut of Kit Harington’s character, Sir Henry Muck. The season opener dives deep into the tense atmosphere at Pierpoint as they prepare for the IPO launch of Lumi, a green tech company headed by the enigmatic Henry Muck. But what exactly happens in this episode, and what are Henry’s true intentions?

Here is a recap and spoiler for Industry Season 3 Episode 1.

What happened to Robert at the end of Industry Season 3 Episode 1?

In Season 3 Episode 1, titled Il Mattino ha L’Oro Bocca, the stakes are high at Pierpoint as they gear up for Lumi’s IPO launch, a green tech energy company headed by Henry Muck. Robert has been serving as a liaison between Lumi and Pierpoint and doing quite a good job. However, Eric, who has become a partner at Pierpoint, faces the ruthless task of firing a subordinate to prove his mettle. Throughout the episode, the audience is led to believe that it will be either Robert or Yasmin. Despite his struggles with self-destructive behavior, Robert remains safe, for now. However, it is revealed that he has been cheating on Venetia with Nicole, who he shockingly discovers dead on the morning of the IPO launch.

Ultimately, Eric’s decision takes a twist as he fires neither Robert nor Yasmin, but instead, Kenny, the very person who has been helping him with his alcohol issues.

Who is Sir Henry Muck in Industry Season 3 and what does he want?

Sir Henry Muck, played by Kit Harington, is the Lumi CEO and a member of the British peerage. While Henry presents himself as affable and mysterious, the episode establishes that he is both insecure and egotistical. He reaches out to Yasmin through her personal number, claiming that Robert gave it to him. Moreover, an investor reveals questionable practices regarding the evaluation of Lumi’s share prices, but Pierpoint chooses to overlook these concerns due to their vested interest.

On the day of the IPO launch, just as Lumi is about to go public, a power outage hits the stock exchange and Pierpoint. Henry mentions that the stock exchange is one of Lumi’s customers, but it’s unclear if Lumi supplies electricity to Pierpoint as well. If it does, that brings forth the question of whether the power cut happened all over London or just the properties that get their electricity from Lumi. And if it’s the latter, the future of Lumi and that of everyone involved in its launch look grim.

What happens to Yasmin’s father, Charles Hanani, in Industry Season 3 Episode 1?

In the early part of the episode, Yasmin catches her father in a compromising position with a young woman. He subsequently disappears, seemingly fleeing from his creditors, leaving Yasmin to deal with the fallout.

During her visit to Henry, she meets his uncle and godfather. The former owns the media house, publishing articles about Yasmin and her father, while the latter orders her to stop by a high-end club where her father owes money. While the episode doesn’t reveal Charles’s exact whereabouts, it’s likely that his story will unfold in the upcoming episodes.