Report
Jean-François Granjon

McPhy Energy : Financing secured until early 2026

>A lighter backlog, but major projects in the pipeline - Last year's results reflect further efforts to structure the company and expand its operations, with further recruitment (+72 people) and investment in innovation and R&D. Investment in the Gigafactory also continued. The Gigafactory was delivered in Q1 2024 and is due to start operating at the end of Q2 2024. As a result, losses increased, with EBITDA coming in at € -44.6m (vs. € -36.8m YoY). The sector remain...
Underlying
McPhy Energy SA

McPhy Energy SAS is a France-based company that develops hydrogen storage and production solutions for the merchant hydrogen market and renewable energy markets. The Company sells solid-state hydrogen technology to provide a way for industrial gas renewable energy storage. Its products include the electrolyzer, a hydrogen generator that uses water as a raw material; solid hydrogen storage solutions with MCP and MGH series; and other ways that integrate electrolyzers and other solutions. It has offices in such countries as France, Italy and Germany and agents and distributors in Europe, Asia and Americas.

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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