McPhy: 2022 turnover slightly exceeds the consensus – 01/25/2023 at 11:09


(CercleFinance.com) – McPhy Energy last night reported strong growth in annual revenue and firm order intake in 2022.

The specialist in low-carbon hydrogen production and distribution equipment has unveiled annual sales of 16 million euros, up 22% year-on-year.

The consensus was expecting a figure of 15.7 million euros.

In its press release, McPhy announces a 56% increase in its order book (‘backlog’), generated by firm orders of 29.4 million euros in the 2022 financial year.

The manufacturer of electrolyzers and charging stations, which launched its Gigafactory project on the Belfort site, says it is approaching the 2023 financial year with confidence in its ability to generate sustained growth.

Its net cash position is expected around 135 million euros as of December 31, 2022.

Following this publication, the title nibbled 0.1% on Wednesday morning on the Paris Stock Exchange.



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