ITM POWER PLC - Interim Results скачать в хорошем качестве

ITM POWER PLC - Interim Results

To be informed of all ITM POWER PLC's upcoming presentations, register at InvestorMeetCompany: https://www.investormeetcompany.com/i... 0:00 Introduction 1:40 Setting the scene 5:56 Our business model 7:47 Operational progress 8:42 Selected projects update 10:39 ALPHA 50 12:25 Reducing the cost of hydrogen 17:53 CHRONOS 19:56 Financial results H1 & full year guidance 27:21 Q&A ITM Power PLC (ITM:AIM) delivered a strong investor update for the first half of financial year 2026, reporting its highest ever six month revenue of £18 million, supported by disciplined cost control, operational improvements and growing industrial demand for green hydrogen solutions. The company highlighted solid company performance despite macroeconomic headwinds, with equipment sales of £15.5 million, an improving gross loss position and a robust cash balance of £197.8 million, reinforcing balance sheet strength as a competitive advantage. The contracted order book increased to £152 million, with 71 percent now profitable contracts, reflecting improved pricing, execution and risk discipline. ITM Power continues to see strong momentum for its Neptune V product and early market traction for the newly launched ALPHA 50, a standardised 50 megawatt electrolyser plant designed to accelerate large scale hydrogen deployment. Operational progress included expanded automated manufacturing capacity, improved factory efficiency and on time delivery of landmark projects such as the 200 megawatt Lingen installation for RWE. The group also advanced its growth strategy with Hydropulse, its build own operate model targeting recurring revenues and improved margins through long term hydrogen offtake contracts. Management reaffirmed full year revenue guidance of £35 to £40 million, with EBITDA loss guidance unchanged as legacy contracts continue to unwind and factory utilisation improves. Looking ahead, ITM Power is progressing development of its next generation CHRONOS stack platform, targeting significant cost reductions, higher efficiency and enhanced scalability, underpinning long term growth, improved margins and a clearer path to profitability.