Brief: Green Hydrogen Systems H1 EBITDA Loss Widens To DKK 132 Million

Green Hydrogen Systems A/S

25/08/2022 06:49

Aug 25 (Reuters) - Green Hydrogen Systems A/S  GREENH.CO :
    * GREEN HYDROGEN SYSTEMS - INTERIM REPORT H1 2022
    * GUIDANCE FOR 2022: REVENUE, DKK 1 TO 19 MILLION
(PREVIOUSLY: DKK
75 TO 120 MILLION)
    * GUIDANCE FOR 2022: GROSS PROFIT, DKK -20 TO -15 MILLION
(PREVIOUSLY: DKK -15 TO 15 MILLION)
    * GUIDANCE FOR 2022: EBITDA, DKK -255 TO -235 MILLION
(PREVIOUSLY:
DKK -265 TO -225 MILLION)
    * GUIDANCE FOR 2022:  EBIT, DKK -290 TO -270 MILLION
(PREVIOUSLY:
DKK -310 TO -270 MILLION)
    * GUIDANCE FOR 2022: CAPEX, DKK 310 TO 350 MILLION, OF WHICH
AROUND DKK 125 MILLION IS ALLOCATED TO EXPANSION OF PRODUCTION
CAPACITY (PREVIOUSLY: DKK 390 TO 450 MILLION)
    * REVENUE GUIDANCE RANGE REFLECTS UNCERTAINTY OF EXACT
TIMING OF
INITIAL ELECTROLYSERS PASSING REVENUE RECOGNITION CRITERIA
WITHIN 2022 CALENDAR YEAR.
    * H1 EBITDA OF DKK -132 MILLION COMPARED TO DKK -67 MILLION
IN H1
2021
    * H1 REVENUE FROM CUSTOMER CONTRACTS OF DKK 0.5 MILLION
COMPARED
TO DKK 1.9 MILLION IN H1 2021

Source text for Eikon:  ID:nGNE9rYxWp 
Further company coverage:  GREENH.CO 

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