Brief: Green Hydrogen Systems Posts Unaudited 2023 Figures, 2024 Guidance

Green Hydrogen Systems A/S

23/01/2024 07:12

Jan 23 (Reuters) - Green Hydrogen Systems A/S
 GREENH.CO :
    * 01/2024 GREEN HYDROGEN SYSTEMS ANNOUNCES UNAUDITED KEY
FIGURES
FOR 2023 AND GUIDANCE FOR 2024
    * IN 2024, REVENUE IS EXPECTED IN RANGE OF DKK 110 TO 150
MILLION
    * EBITDA FOR 2024 IS EXPECTED IN RANGE OF DKK -220 TO -260
MILLION, DRIVEN BY GROSS PROFITS INCREASE AND CONTINUED COSTS IN
COMMERCIAL SET-UP AND RESEARCH AND DEVELOPMENT ACTIVITIES
PRIMARILY RELATED TO X-SERIES PRODUCT
    * 2024 CAPEX IS EXPECTED IN RANGE OF DKK 160 TO 200 MILLION,
WITH
INVESTMENTS RELATED TO PRODUCT DEVELOPMENT AND PRODUCTION
SCALE-UP
    * 2023 REVENUE FROM CUSTOMER CONTRACTS OF DKK 42 MILLION
(GUIDANCE: DKK 30 TO 45 MILLION) COMPARED TO DKK 10 MILLION IN
2022
    * 2023 EBITDA LOSS OF DKK -268 MILLION (GUIDANCE: LOSS DKK
-280 TO
-240 MILLION)

Source text for Eikon:  ID:nGNE1CGry7 
Further company coverage:  GREENH.CO 

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