reports
Green Hydrogen Systems A/S announces adjusted and clarified guidance f...
Green Hydrogen Systems A/S announces adjusted and clarified guidance for 2024 Inside information Green Hydrogen Systems A/S announces adjusted and clarified guidance for 2024 Kolding, Denmark, January 17th, 2025 In connection with conclusion of the Q4 2024 financials, Green Hydrogen Systems A/S (“Green Hydrogen Systems” or the "Company") revises its EBITDA guidance for 2024 downward and clarifies its revenue and CAPEX guidance EBITDA Guidance: Excluding restructuring costs: Revised to DKK –260 to –275 million (previously DKK -220 to -260 million).Including restructuring costs: Revis...
Green Hydrogen Systems A/S announces the completion of the reduction i...
Green Hydrogen Systems A/S announces the completion of the reduction in the Company’s share capital and the entering into a short-term loan agreement of DKK 80 million Inside information Green Hydrogen Systems A/S announces the completion of the reduction in the Company’s share capital and the entering into a short-term loan agreement of DKK 80 million Kolding, Denmark, 20 December 2024 Green Hydrogen Systems A/S (“Green Hydrogen Systems” or the "Company") announces the completion of the reduction in the Company’s nominal share capital. Following the reduction of the Company’s share c...
Green Hydrogen Systems’ extraordinary general meeting on 14 November 2...
Green Hydrogen Systems’ extraordinary general meeting on 14 November 2024 Green Hydrogen Systems A/SDecisions at extraordinary general meeting Green Hydrogen Systems’ extraordinary general meeting on 14 November 2024 Today on 14 November 2024, an extraordinary general meeting of Green Hydrogen A/S was held at Plesner Law Firm P/S on Amerika Plads 37, DK-2100 Copenhagen, Denmark On the Extraordinary General Meeting of the shareholders resolved: 1) to adopt a share capital reduction by way of transfer to a special reserve, including a proposal to adopt a reduction in the nominal val...
Green Hydrogen Systems: Trading statement Q3
Green Hydrogen Systems: Trading statement Q3 Company Announcement October 2024 Green Hydrogen Systems: Trading statement Q3 Highlights Business In Q3 2024, Green Hydrogen Systems completed the performance test of the A-Series MK1.1 and delivered the first unit to GeoPura in Nottinghamshire, Ireland. Another A180 unit (MK1.0) was delivered to Ercross in Spain, and two A90 (MK1.0) units were delivered to PRF in Portugal. Revenue totaling DKK 33,7 million was recognised during the quarter.On October 9, Green Hydrogen Systems launched a combined cost-out and restructuring program aimed ...
Green Hydrogen Systems announces appointment of new CEO
Green Hydrogen Systems announces appointment of new CEO Inside information Green Hydrogen Systems announces appointment of new CEO Kolding, Denmark, 30 October 2024 Today, the Board of Directors of Green Hydrogen Systems has appointed René Umlauft as new Chief Executive Officer (CEO) with effect from 1 November 2024. René Umlauft will replace the current CEO Peter Friis, who will leave the company. Thomas Broe-Andersen, Chairman of the Board of Directors of Green Hydrogen Systems, says: "Q3 has been a challenging period for Green Hydrogen Systems. With the current situation, Green Hyd...
NOTICE OF EXTRAORDINARY GENERAL MEETING 14 NOVEMBER 2024
NOTICE OF EXTRAORDINARY GENERAL MEETING 14 NOVEMBER 2024 NOTICE OF EXTRAORDINARY GENERAL MEETING 14 NOVEMBER 2024 Green Hydrogen Systems A/S The Board of Directors hereby invite shareholders to the Extraordinary General Meeting of Green Hydrogen Systems A/S (the "Company"), CVR-no. 30548701, on Thursday 14 November 2024 at 9.30 CET at Plesner Law Firm P/S Amerika Plads 37 DK-2100 Copenhagen Denmark As a result of the financial situation in the Company (reference is made to company announcement dated 9 October 2024), the Board of Directors has decided to conve...
Green Hydrogen Systems A/S initiates significant cost-out and restruct...
Green Hydrogen Systems A/S initiates significant cost-out and restructuring initiatives, adjusts guidance for 2024 and seeks to strengthen its capital base Green Hydrogen Systems A/S initiates significant cost-out and restructuring initiatives, adjusts guidance for 2024 and seeks to strengthen its capital base Kolding, Denmark, October 9, 2024 Green hydrogen continues to play a vital role as a necessary technology for the green energy transition, yet the market adaption of the technology and the development of hydrogen-related production projects have progressed significantly slower...
Green Hydrogen Systems announces new CFO
Green Hydrogen Systems announces new CFO Company announcement 32/2024 Green Hydrogen Systems announces new CFO Kolding, Denmark, 17 September 2024 – Today, Green Hydrogen Systems has appointed Michael Kaalund as Chief Financial Officer (CFO) and member of the company's Executive Management. Michael Kaalund will assume the position as of 1 November 2024. Michael brings over 20 years of international leadership experience, with a strong background in finance and general management across a wide range of industries.For the past 15 years, Michael has held CFO roles in both multinatio...
Green Hydrogen Systems – Interim Report for H1 2024
Green Hydrogen Systems – Interim Report for H1 2024 Company Announcement August 2024 Green Hydrogen Systems – Interim Report for H1 2024 Business highlights In the first half of 2024, total revenue, including service revenue, reached DKK 32.6 million. H1 2023 total revenue was DKK 14.0 million.In H1 2024, six electrolyser units passed factory acceptance test and were delivered at customer sites in Sweden, Germany, The Netherlands, and the United Kingdom. In addition, two electrolyser units have passed factory acceptance test after H1 and await shipment to customer sites.Firm order intak...
Ole Vesterbæk resigns as CFO of Green Hydrogen Systems
Ole Vesterbæk resigns as CFO of Green Hydrogen Systems Company announcement 14/2024 Ole Vesterbæk resigns as CFO of Green Hydrogen Systems Kolding, Denmark, 1 July 2024 – Today, Green Hydrogen Systems has received the resignation from Ole Vesterbæk, Chief Financial Officer (CFO) of the company. The resignation follows Ole Vesterbæk’s decision to take on a new position outside Green Hydrogen Systems. Ole Vesterbæk continues as CFO until end of September. The process of finding a new CFO for Green Hydrogen Systems A/S will be initiated immediately. For more info please contact: Inge Sch...
Green Hydrogen Systems completes X-Series reliability testing
Green Hydrogen Systems completes X-Series reliability testing Company Announcement 13/2024 Green Hydrogen Systems completes X-Series reliability testing Kolding, Denmark, 26 June 2024 - Green Hydrogen Systems A/S has completed phase 1 of the reliability testing of the X-Series electrolyser prototype. This milestone allows the company to release the X-Series product for binding contractual commitments on a performance-based price structure. Following the technical proof of concept and third-party validation announced on February 29, 2024, Green Hydrogen Systems has conducted more than 250...
Green Hydrogen Systems announces issuance of warrants to executive man...
Green Hydrogen Systems announces issuance of warrants to executive management and key employees Company announcement 12/2024 Green Hydrogen Systems announces issuance of warrants to executive management and key employees Kolding, Denmark, 1 May 2024 – Green Hydrogen Systems A/S (“Company”) announces the decision to issue warrants for executive management and key employees, who are in a non-terminated position and who were employed on 1 April 2024. The warrant program is established as a long-term incentive scheme reflecting the Company’s objective to attract and retain qualified m...
Green Hydrogen Systems – Trading Statement Q1 2024
Green Hydrogen Systems – Trading Statement Q1 2024 Company Announcement 11/2024 Green Hydrogen Systems – Trading Statement Q1 2024Business highlights In Q1 2024, three A-Series electrolyser units were factory acceptance tested and revenue was recognised for customers in the United Kingdom, Germany, and Sweden. In April 2024, the momentum in factory acceptance testing and customer deliveries continued An order of 8.1 MW was signed with an existing customer in the UK for delivery of nine A-Series electrolyser units scheduled for delivery in 2024 and 2...
Green Hydrogen Systems and BWSC sign strategic collaboration agreement...
Green Hydrogen Systems and BWSC sign strategic collaboration agreement on green hydrogen projects Press release 03/2024 Green Hydrogen Systems and BWSC sign strategic collaboration agreement on green hydrogen projects Kolding, Denmark, 25 April 2024 — Green Hydrogen Systems A/S and BWSC, an international engineering company and service provider, have signed a strategic collaboration agreement to expand their current collaboration on advancing green hydrogen projects. This strategic collaboration agreement is a continuation of the collaboration between Green Hydrogen Systems and BWSC on t...
Green Hydrogen Systems’ Annual General Meeting on 9 April 2024
Green Hydrogen Systems’ Annual General Meeting on 9 April 2024 Company announcement 10/2024 Green Hydrogen Systems’ Annual General Meeting on 9 April 2024 The Annual General Meeting of Green Hydrogen Systems A/S was held today, 9 April 2024. Agenda and resolutions 1. The Board of Directors’ report on the Company’s activities in the past financial year The Annual General Meeting took note of the Board of Directors’ report. 2. Presentation and adoption of the Annual Report for 2023 The Annual Report for the financial year 2023 was adopted. 3. Appropriation ...
Notification of transactions by persons discharging managerial respons...
Notification of transactions by persons discharging managerial responsibilities in Green Hydrogen Systems A/S Company announcement 09/2024 Notification of transactions by persons discharging managerial responsibilities in Green Hydrogen Systems A/S Kolding, Denmark, 2 April 2024 – In accordance with article 19 of the Market Abuse Regulation, Green Hydrogen Systems A/S (“Green Hydrogen Systems”) hereby notifies receipt of information of the following transactions made by persons discharging managerial responsibilities in Green Hydrogen Systems and persons closely associated with them in Gr...
Green Hydrogen Systems announces appointment of permanent CEO
Green Hydrogen Systems announces appointment of permanent CEO Company announcement 08/2024 Green Hydrogen Systems announces appointment of permanent CEO Kolding, Denmark, 22 March 2024 – Green Hydrogen Systems A/S announces that interim Chief Executive Officer (CEO) Peter Friis has been appointed by the Board of Directors as the continuing and permanent CEO as of today. Peter Friis assumed the position of interim Chief Executive Officer on 15 October 2023, as communicated in the Company Announcement 31/2023 of 2 October 2023. CEO Peter Friis and CFO Ole Vesterbæk will hereafter form th...
Green Hydrogen Systems and Bilfinger collaborate on green hydrogen pro...
Green Hydrogen Systems and Bilfinger collaborate on green hydrogen projects Press release 02/2024 Green Hydrogen Systems and Bilfinger collaborate on green hydrogen projects Kolding, Denmark, 20 March 2024 - Green Hydrogen Systems A/S and Bilfinger, a global industrial services provider, have established a strategic collaboration to advance green hydrogen projects. This collaboration combines Bilfinger's unparalleled expertise in engineering, maintenance, modifications, and operations services with Green Hydrogen Systems standardised and modular pressurised alkaline electrolyser technolo...
Notice convening the Annual General Meeting of Green Hydrogen Systems ...
Notice convening the Annual General Meeting of Green Hydrogen Systems A/S 9 April 2024 Company Announcement 07/2024 Notice convening the Annual General Meeting of Green Hydrogen Systems A/S 9 April 2024 Kolding, Denmark, 18 March 2024 – Green Hydrogen Systems A/S convenes its Annual General Meeting to be held on Tuesday 9 April 2024 at 9:00 AM CEST. Participation in the Annual General Meeting will take place through the AGM portal hosted by Euronext Securities (the “AGM Portal”) which can be accessed by a web browser on desktop devices, smartphones or tablets. The AGM Portal prov...
Green Hydrogen Systems – Annual report 2023
Green Hydrogen Systems – Annual report 2023 Company Announcement 06/2024 Green Hydrogen Systems – Annual report 2023 Business highlights 2023 Increased A-Series installed base with additional deliveries to customer sites during the last months of 2023.New and expanded production facilities were operational ahead of schedule and have been fully fitted for production. Customer deliveries were delayed by sourcing issues with quality-compliant critical components.A strengthened supply chain quality management and contracts with additional European suppliers have improved the sourcing challen...
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