MCPHY McPhy Energy SA

McPhy Energy: Abandoned project for production of green hydrogen in Central Europe due to the withdrawal of the off-taker

McPhy Energy: Abandoned project for production of green hydrogen in Central Europe due to the withdrawal of the off-taker

Foussemagne (France), October 2, 2024 – 5:45 pm CEST – McPhy Energy, a leading French electrolyser technology and manufacturing company, announces that, due to the unexpected last-minute withdrawal of the off-taker of the green hydrogen, the project with a capacity totaling 24 MW, with two electrolyzers « McLyzer 3200-30 », to be operated in the energy sector in Central Europe, is abandoned.

Next Financial Event:

  • Publication of 2024 Half-Year Results: on October 29, 2024

ABOUT MCPHY                                                                                                                                                                        

Specialized in hydrogen production equipment, McPhy is contributing to the global deployment of low-carbon hydrogen as a solution for energy transition. With its complete range of products dedicated to the industrial, mobility and energy sectors, McPhy offers its customers turnkey solutions adapted to their applications in industrial raw material supply, recharging of fuel cell electric vehicles or storage and recovery of electricity surplus based on renewable sources. As designer, manufacturer and integrator of hydrogen equipment since 2008, McPhy has three development, engineering and production centers in Europe (France, Italy, Germany). Its international subsidiaries provide broad commercial coverage for its innovative hydrogen solutions. McPhy Energy is listed on Euronext Growth Paris (ISIN code: FR0011742329, ticker: ALMCP).

CONTACTS

 



Investor Relations

NewCap

Emmanuel Huynh

T. +33 (0)1 44 71 94 99

 



Press Relations

DGM Conseil

Pascal Pogam

/ T. +33 (0)6 03 62 27 65

Henry Debreuilly

/ T. +33 (0) 6 13 11 38 74



 

Follow-us on

    @McPhyEnergy           

Attachment



EN
02/10/2024

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on McPhy Energy SA

 PRESS RELEASE

McPhy Energy : Déclaration du nombre total des droits de vote et du no...

McPhy Energy : Déclaration du nombre total des droits de vote et du nombre d’actions au 31 octobre 2024 Conformément aux articles L. 233-8-II du Code de commerce et223-16 du Règlement général de l’Autorité des Marchés Financiers Société déclarante : Dénomination sociale : McPhy EnergySociété Anonyme à Conseil d’AdministrationSiège social : Aéroparc – 1615 Avenue de la Grande Piste, 90150 FoussemagneImmatriculée sous le n° 502 205 917 R.C.S. BelfortEuronext Growth Paris (Code ISIN : FR0011742329 - ALMCP) Date Nombre total d’actionsen circulation Nombre total de droits de vote* Bru...

Jean-François Granjon ... (+2)
  • Jean-François Granjon
  • Thomas Zlowodzki

ODDO BHF Small & MIDCAP MORNING NEWS - 10/30/2024

The outcome of the US presidential election hangs in the balance, but the momentum seems to be with Donald Trump since the beginning of October: the candidate is now in the lead in six of the seven swing states, has just overtaken Kamala Harris in the national vote while 63% of punters are tipping him to win. We recap in the present note on the European stocks to play or avoid in the event of Donald Trump's victory and have also listed European stocks with a production base in the US,...

Jean-François Granjon ... (+2)
  • Jean-François Granjon
  • Thomas Zlowodzki

ODDO BHF Small & MIDCAP MORNING NEWS - 30/10/2024

Le scrutin présidentiel US reste incertain, mais le momentum semble être du côté de Donald Trump depuis début octobre : le candidat est désormais en tête dans 6 des 7 swing states, vient de dépasser Kamala Harris dans le vote national et est donné gagnant à 63% chez les parieurs. Nous rappelons les valeurs européennes à privilégier ou à éviter en cas de victoire de Donald Trump, et avons également listé les valeurs européennes ayant une base de production aux US, par nature moins expo...

Jean-François Granjon
  • Jean-François Granjon

McPhy Energy : More cautious estimates for the entire year

>Interim results close to our expectations - McPhy has published its half-year results relatively late (vs end of July 2023). Half-year sales amounted to € 9.5m (estimated € 8m) vs € 7m, with growth of +35% mainly generated by the Electrolysers business (€ 9.1m). Unsurprisingly, the half-year results reflect increased losses with an EBITDA of -€ 24.7m (estimated -€ 25.6m) vs -€ 21.6m y-o-y and an underlying operating profit of -€ 27.3m (estimated -€ 27.1m) vs -€ 24.8m...

Jean-François Granjon
  • Jean-François Granjon

McPhy Energy : Des estimations plus conservatrices pour l’ensemble de ...

>Publication des résultats semestriels proches de nos attentes - McPhy publie ses résultats semestriels relativement tardivement (cf. vs fin juillet 2023). Le CA semestriel ressort à 9.5 M€ (8 M€ estimé) vs 7 M€, avec une croissance de +35% principalement générée par l’activité Electrolyseurs (9.1 M€). Sans surprise, les résultats semestriels traduisent des pertes accrues avec un EBITDA de -24.7 M€ (-25.6 M€ estimé) vs -21.6 M€ YoY et un ROC de -27.3 M€ (-27.1 M€ esti...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch