Brief: HRS Sees Revenue Of EUR 45-60 Million For FY Ending June 30, 2025

Hydrogen-Refueling-Solutions SA

24/01/2024 17:32

Jan 24 (Reuters) - Hydrogen-Refueling-Solutions SA
 ALHRS.PA :
    * H1 2023/2024 REVENUE UP 20% TO EUR 12.8M
    * GROWTH TARGETS DEFERRED ONE YEAR IN LINE WITH HYDROGEN
MARKET:2023/2024 REVENUE EUR31-40M;2024/2025 REVENUE
EUR45-60M;2025/2026 REVENUE AROUND EUR85M
    * AS OF DECEMBER 31, 2023, THE ORDER BACKLOG STOOD HIGH AT
EUR97
MILLION
    * HRS IS PRUDENTLY REVISING ITS TARGETS BY A YEAR: REVENUE
BETWEEN
EUR45 MILLION AND EUR60 MILLION AND POSITIVE RECURRING EBITDA
FOR FINANCIAL YEAR ENDING JUNE 30, 2025
    * REVISING ITS TARGETS BY A YEAR: REVENUE OF EUR85 MILLION
AND A
RECURRING EBIT MARGIN OF AROUND 20% FOR FINANCIAL YEAR ENDING
JUNE 30, 2026
    * OUTLOOK 2024: HRS IS ALSO CONTINUING TO IMPROVE ITS GROSS
MARGIN
AND FINANCIAL DISCIPLINE

Source text for Eikon:  ID:nACT83845 
Further company coverage:  ALHRS.PA 

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