Brief: Green Hydrogen Systems Announces Technical Design Complications

Green Hydrogen Systems A/S

12/04/2022 07:14

April 12 (Reuters) - Green Hydrogen Systems A/S  GREENH.CO :
    * GREEN HYDROGEN SYSTEMS ANNOUNCES TECHNICAL DESIGN
COMPLICATIONS
IN ITS HYPROVIDE A-SERIES PLATFORM
    * COMPLICATIONS WILL IMPACT GUIDANCE FOR 2022 DUE TO FURTHER
DELAY
IN DELIVERY OF ORDER BACKLOG
    * DELIVERY SCHEDULES WILL BE ADJUSTED AND WILL IMPACT
FINANCIAL
PERFORMANCE FOR 2022
    * GUIDANCE FOR 2022 WILL FOR NOW BE SUSPENDED UNTIL A FIRM
IMPLEMENTATION PLAN HAS BEEN ESTABLISHED
    * RECENT TESTING AND REVIEWS CONDUCTED OF HYPROVIDE(®)
A-SERIES
PLATFORM PERFORMANCE, HAVE IDENTIFIED CERTAIN TECHNICAL ISSUES
    * ISSUES WILL REQUIRE SOME REDESIGN, AS WELL AS TEST AND
VALIDATION OF CERTAIN PRODUCT COMPONENTS AND FUNCTIONS

Source text for Eikon:  ID:nGNE38TMGz 
Further company coverage:  GREENH.CO 

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