Brief: Everfuel Q2 EBITDA Loss Widens To EUR 4.4 Mln

Everfuel A/S

30/08/2023 07:13

Aug 30 (Reuters) - Everfuel A/S  EFUEL.OL :
    * OUR AMBITION OF EUR 1 BILLION REVENUE FROM GREEN HYDROGENS
SALES
TO INDUSTRY AND MOBILITY REMAINS FIRM
    * IT WILL TAKE LONGER TO GET THERE, AND INVESTMENTS WILL BE
HIGHER
THAN WE INITIALLY EXPECTED
    * OUR REALIGNMENT OF STRATEGY WILL REDUCE CASH BURN, ADD
FINANCIAL
FLEXIBILITY AND IS EXPECTED TO ENABLE US TO FINANCE CURRENT
PLANNED INVESTMENTS INTO 2025
    * Q2 EBITDA WAS NEGATIVE EUR 4.4 MILLION (NEGATIVE EUR 3.0
MILLION
SECOND QUARTER 2022)
    * TOTAL INCOME FOR FIRST HALF OF 2023 WAS EUR 2.6 MILLION
(EUR 840
THOUSAND)

Source text for Eikon:  ID:nWkr5w0FkJ 
Further company coverage:  EFUEL.OL 

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