HRS: solid! the stock market appreciates


Photo credit © ChaunuPictures

( — HRS rises by nearly 3% this Friday to 24.88 euros, while the group’s half-year turnover reflects very good momentum and stands at 10.7 ME, up 135%, including 9.2 ME for the hydrogen station segment, up +141%. This turnover is made up of 1.4 ME from the 21 stations put into production during the two previous fiscal years and 7.9 ME from the 11 stations put into production during this fiscal year, including the first 6 stations 1 ton/ day ordered by Hype, i.e. 32 stations in production, produced or in the process of being delivered.

Reinforced objective

This high level of revenue confirms the objective of achieving revenue growth of +50% over the full year. As in previous years, the seasonality will again be marked this year, with a larger second half than the first…

“A solid publication, which confirms the short-term (2022/2023 turnover growth of more than 50%) and long-term (100 units installed and 85 ME turnover in June 2025 with around 20% operating margin) guidance” comments Portzamparc. .. “The news flow should remain favorable, with in particular orders that we expect related to the ZEV project (following the receipt of a grant) and the official setting of EU objectives for AFIR (a station all 200 km by 2025, a station every 100 km by 2030?) which could serve as an accelerator for certain projects” continues the analyst who is aiming for a price of 30.60 euros by remaining in the purchase on the folder.



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