Report
Jean-François Granjon

McPhy Energy : Implementing financing of around € 60m

>Results in line - McPHY reported unsurprising full-year results, in line with our expectations. On already-reported full-year sales of € 18.8m (+16.8%), EBITDA came in at -€ 44.6m (-€ 43.5m est., -€ 42.6m for css) vs -€ 36.8m y-o-y. EBIT amounted to -€ 50.2m (vs -€ 38.4m y-o-y), reflecting continued investment, including headcount growth, innovation costs and R&D.A more cautious approach on 2024 necessarily - To recap, electrolyser sales (73% of the ...
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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