Brief: Green Hydrogen Systems Q1 EBITDA Loss Widens To DKK 50 Million

Green Hydrogen Systems A/S

03/05/2022 07:00

May 3 (Reuters) - Green Hydrogen Systems A/S  GREENH.CO :
    * REG-06/2022 GREEN HYDROGEN SYSTEMS - TRADING STATEMENT Q1
2022
    * Q1 REVENUE FROM CUSTOMER CONTRACTS OF DKK 0.1 MILLION
COMPARED
TO DKK 0.3 MILLION IN Q1 2021
    * Q1 GROSS PROFIT OF DKK -2.5 MILLION COMPARED TO DKK 0.7
MILLION
IN Q1 2021
    * Q1 EBITDA OF DKK -50 MILLION COMPARED TO DKK -36 MILLION
IN Q1
2021
    * Q1 BACKLOG OF 12 MW - AN INCREASE OF 7.1 MW OR 2.5 TIMES
COMPARED TO Q1 2021
    * DUE TO TECHNICAL DESIGN COMPLICATIONS RELATED TO THE
HYPROVIDE®
A-SERIES PLATFORM ANNOUNCED 12 APRIL 2022, GUIDANCE FOR 2022 HAS
BEEN SUSPENDED
    * GUIDANCE WILL BE RESUMED WHEN A FIRM PLAN HAS BEEN
ESTABLISHED

Source text for Eikon:  ID:nGNE3KF94f 
Further company coverage:  GREENH.CO 

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