Brief: HRS FY Net Loss Widens To 4.9 Million Euros

Hydrogen-Refueling-Solutions SA

05/10/2023 17:41

Oct 5 (Reuters) - Hydrogen-Refueling-Solutions SA
 ALHRS.PA :
    * FY NET LOSS EUR 4.9 MILLION VERSUS LOSS EUR 0.2 MILLION
YEAR AGO
    * ORDER BOOK OF €108M AT 27 JULY 2023, INCLUDING AROUND
€26.7M
STILL TO BE INVOICED ON STATIONS CURRENTLY IN PRODUCTION
    * FY EBITDA LOSS EUR 3.7 MILLION VERSUS PROFIT EUR 0.4
MILLION
YEAR AGO
    * FY SALES EUR 30.1 MILLION VERSUS EUR 17.0 MILLION YEAR AGO
    * BY 30 JUNE 2024, HRS AIMS TO CONTINUE ITS STRONG SALES
GROWTH,
WHICH IS EXPECTED TO INCREASE BY BETWEEN 50% AND 100% COMPARED
WITH THE 2022/2023 FY
    * AIMS TO DELIVER POSITIVE RECURRING EBITDA BY 30 JUNE 2024,
BENEFITING FROM THE GRADUAL RECOVERY IN GROSS MARGIN
    * 2025 OUTLOOK CONFIRMED
    * AIMS FOR FY 2023/2024 BETWEEN EUR 45 MILLION AND EUR 60
MILLION
IN TURNOVER

Source text: https://shorturl.at/nA245
Further company coverage:  ALHRS.PA 

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