Oddo BHF - Hydrogen Refueling Solutions (ALHRS) HRS : Sales below expectations and a disappointing guidance

Report

Oddo BHF

Jean-François Granjon

HRS : Sales below expectations and a disappointing guidance

>FY sales below expectations - HRS has published FY sales (closing on 30 June) of € 24.7m (€ 31.1m est., consensus € 31.3m) vs € 30m YoY, down 17.6%. This revenue is lower than the guidance that had been revised downwards at the beginning of the year, namely € 31m-€ 40m. This is explained by the lower completion of projects as well as the cancellation of certain orders. Station sales came in at € 21.9m vs € 26.5m (-17.5%). Note that H2 sales came in at € 11.9m (-37.7...

26/07/2024 1 EN

Underlying

Hydrogen Refueling Solutions

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FR0014001PM5 Euronext Paris France

Provider

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.

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Analysts

Jean-François Granjon

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HRS : Sales below expectations and a disappointing guidance

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

HRS : Confirmation of the previous guidance

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

ODDO : US elections: between continuity and disruption, the benefits/risks vary

ODDO : Election US : entre continuité et rupture, les bénéfices/risques varient

The US labour market continues to harbour weaknesses

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