Report
Jean-François Granjon

HRS : A less buoyant environment, resulting in targets being pushed back a year

>Interim sales with no surprises, but... - HRS reported H1 sales of € 12.8m (€ 12m est.) vs € 10.7m y-o-y, up +19.7%. Charging stations make up the bulk of sales (with € 10.9m, +18.2%). Management is maintaining its growth targets with the reading of a pipeline that is filling out. However, management confirmed a wait-and-see stance and delays in the implementation of the hydrogen ecosystem. Management is therefore lowering its targets for the current year and is post...
Underlying
Hydrogen Refueling Solutions

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Jean-François Granjon

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