Brief: Permascand Says Does Not Expect Commercial-Scale Hydrogen Orders Until H2
15/02/2024 08:43
Feb 15 (Reuters) - Permascand Top Holding AB
PSCAND.ST :
* Q4: AN EVENTFUL YEAR FOCUSING ON THE FUTURE
* IN 2023, WE ACHIEVED STRONG GROWTH IN ELECTRIFICATION &
RENEWABLES AND INDUSTRIAL SOLUTIONS, WHILE WATER TREATMENT
SLOWED SIGNIFICANTLY
* ORDER BOOK AMOUNTED TO SEK 373 MILLION AT END OF YEAR, OF
WHICH
IT IS PLANNED THAT ABOUT 80 PER CENT WILL BE DELIVERED IN 2024,
WHILE SECOND HALF OF YEAR IS EXPECTED TO BE STRONGER, WITH
INCREASING SALES
* IN TERMS OF ORDER INTAKE, 2024 HAS STARTED AS CAUTIOUSLY
AS 2023
ENDED.
* NOT EXPECT TO RECEIVE ANY COMMERCIAL-SCALE HYDROGEN ORDERS
UNTIL
SECOND HALF OF 2024 AT EARLIEST
* IN TERMS OF NEXT FEW YEARS, WE ARE WELL EQUIPPED WITH GOOD
PRODUCTION CAPACITY FOR STRONG GROWTH WHEN PRODUCTION VOLUMES
ARRIVE
Source text for Eikon: ID:nMFN1w4kJ1
Further company coverage: PSCAND.ST
(Gdansk Newsroom)
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