Brief: HRS FY EBITDA Turns To Profit Of EUR 0.5 Mln

Hydrogen-Refueling-Solutions SA

07/10/2021 17:15

Oct 7 (Reuters) - HYDROGEN-REFUELING-SOLUTIONS SA
 ALHRS.PA :
    * 2020/2021 FULL-YEAR RESULTS - SUCCESSFUL FIRST YEAR OF THE
2021-2025 PLAN
    * STRONG GROWTH MOMENTUM: FY REVENUE UP 309% TO €10.5M
    * TIGHT CONTROL OF EXPENSES: FY EBITDA OF €0.5M; FY EBIT AND
FY
NET INCOME CLOSE TO BREAKEVEN
    * 2021/2022 OUTLOOK: DOUBLING OF HYDROGEN STATIONS REVENUE
AND
EBIT CLOSE TO BREAKEVEN
    * COMMERCIAL PIPELINE IN DEVELOPMENT, SELECTION OR FINAL
NEGOTIATION OF €112M
    * END-FY TENFOLD INCREASE IN THE ORDER BACKLOG SINCE THE IPO
TO
€43.1M
    * CONFIRMATION OF MEDIUM-TERM OBJECTIVES
    * EBITDA REACHED €0.5M FOR THE YEAR, UP €1.2M COMPARED TO
THE
PREVIOUS YEAR
    * COMPANY NET LOSS FOR 2020/2021 WAS AT €0.2M, UP €0.8M YEAR
ON
YEAR
    * THE FUTURE PRODUCTION AND RESEARCH AND DEVELOPMENT CENTER:
GROUNDBREAKING FOR THE WORKS WILL TAKE PLACE ON NOVEMBER 25,
2021, WITH DELIVERY OF THE PRODUCTION CENTER PLANNED FOR OCTOBER
2022 AND THE OFFICES AND LABORATORIES FOR FEBRUARY 2023

Source text for Eikon:  ID:nACT71427 
Further company coverage:  ALHRS.PA 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 587 696 600;))