UK's ITM Power rises after narrowing annual EBITDA loss forecast
08/10/2026 08:53
BUZZ-UK's ITM Power rises after narrowing annual EBITDA loss forecast ** Shares of energy storage and clean fuel firm ITM Power ITM.L up 3.2% at 92.5 pence
** Co now sees fiscal 2026 adjusted EBITDA loss between £20 million ($26.40 million) and £21 million, a 27% improvement from previous forecast and a 38% improvement year-on-year
** Stock up ~50% YTD
($1 = £0.7577)
(Reporting by Neeshita Beura in Bengaluru)