Brief: HRS H1 EBIT Turns To Profit Of EUR 4,000

Hydrogen-Refueling-Solutions SA

30/04/2021 06:42

April 30 (Reuters) - HYDROGEN-REFUELING-SOLUTIONS SA
 ALHRS.PA :
    * H1 2020/2021 RESULTS PERFECTLY IN LINE WITH ROADMAP
    * CONFIRMATION OF PROFITABLE ANNUAL GROWTH FORECASTS:
REVENUE ≥
€10M AND EBIT > 0
    * H1 REVENUE EUR 2.8 MILLION VERSUS EUR 1.4 MILLION YEAR AGO
    * H1 NET INCOME EUR 45,000 VERSUS LOSS EUR 803,000 MILLION
YEAR
AGO
    * SINCE THE BEGINNING OF THE 2020/2021 FINANCIAL YEAR, HRS
HAS
RECEIVED 9 STATION ORDERS, INCLUDING 6 NEW ORDERS SINCE THE IPO
    * CONFIRMS ITS MEDIUM-TERM TARGETS OF DOUBLING REVENUE BY
JUNE 30,
2022 AND GENERATING REVENUE OF €85 MILLION FOR THE FINANCIAL
YEAR ENDING JUNE 30, 2025
    * CONFIRMS ITS AIM OF MAINTAINING A POSITIVE EBIT MARGIN
(EBIT/REVENUE) THROUGHOUT THE PLAN TERM TO REACH AROUND 20% BY
JUNE 30, 2025
    * H1 EBIT EUR 4,000 VERSUS LOSS EUR 980,000 YEAR AGO

Source text for Eikon:  ID:nACT68976 
Further company coverage:  ALHRS.PA 

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