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Itm Power (ITM) Share News

IN BRIEF: ITM Power wins first Neptune II contract in cement sector

9th May 2025 13:43

ITM Power PLC - designer and manufacturer of electrolyser systems for green hydrogen production - Signs a contract to supply a Neptune II unit to an unnamed "leading" Spanish cement producer. Neptune II is the company's fully autonomous two megawatt electrolysed system, and it will be deployed in the client's cement production process, where green hydrogen will be mixed with natural gas in the cement kiln in order to reduce carbon dioxide emissions. ITM expects to recognise associated revenue, the value of which it does not disclose, in financial 2026. Read More

TRADING UPDATES: Big Technologies names new CEO; Van Elle's signs deal

8th May 2025 22:00

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More

AIM WINNERS & LOSERS: ITM Power rises as wins deal with Uniper

8th May 2025 10:45

(Alliance News) - The following stocks are the leading risers and fallers on AIM on Thursday. Read More

EARNINGS AND TRADING: Facilities by ADF swings to loss; ITM wins deal

6th May 2025 12:47

(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News: Read More

LONDON MARKET CLOSE: FTSE 100 up as US rallies ahead of tech earnings

22nd Apr 2025 16:58

(Alliance News) - Blue-chips in London extended their winning run to seven days on Tuesday, as US stocks recouped some of Monday's heavy falls ahead of closely watched tech results this week. Read More

LONDON MARKET OPEN: FTSE 100 opens green as gold reaches USD3,500 mark

22nd Apr 2025 09:03

(Alliance News) - London's FTSE 100 opened higher on Tuesday following the long Easter weekend, as the gold price rallies in response to a weakening US dollar and efforts by US President Donald Trump to potentially force out the Federal Reserve chair. Read More

ITM Power shares jump as raises annual sales and cash guidance

22nd Apr 2025 08:37

(Alliance News) - ITM Power PLC on Tuesday said its remains "well positioned" after raising its revenue and cash outlook for the financial year. Read More

ITM Power wins contract for supply of four Neptune V units

13th Feb 2025 16:55

(Alliance News) - ITM Power PLC on Thursday said it has won a contract to supply four Neptune V units to French multi-energy producer La Francaise de l'Energie SA, for an undisclosed amount. Read More

LONDON BROKER RATINGS: HSBC cuts Segro but ups British Land, Hammerson

3rd Feb 2025 09:40

(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and on Friday: Read More

IN BRIEF: ITM Power backs outlook but half-year pretax loss widens

30th Jan 2025 19:52

ITM Power PLC - Sheffield, England-based designer and manufacturer of electrolyser systems for green hydrogen production - Pretax loss widens to GBP28.8 million in the six months to October 31 from GBP15.3 million a year earlier. Revenue climbs 74% to GBP15.5 million from GBP8.9 million but cost of sales increases to GBP25.7 million from GBP17.0 million. Hurting the bottom line, administration expenses nearly double to GBP23.9 million from GBP12.8 million. Highlights record contract backlog to date of GBP135.3 million, up from GBP43.7 million two years ago. Reiterates full-year guidance. Sees revenue of GBP18 million to GBP22 million, adjusted loss before interest, taxes, depreciation and amortisation of GBP32 million to GBP36 million. Expects cash between GBP185 million and GBP195 million, improved from previously improved guidance of GBP170 million to GBP180 million. Read More

IN BRIEF: ITM Power wins European design contract on hydrogen plant

24th Jan 2025 10:33

ITM Power PLC - Sheffield, England-based designer and manufacturer of electrolyser systems for green hydrogen production - Says it has been contracted by an unnamed European energy company to jointly develop a standard design configuration for a 10 megawatt green hydrogen production plant. The client then intends to deploy the design across several projects in the UK. The design will combine two Neptune V plug-and-play 5 megawatt containerised electrolyser systems, using ITM's Trident stack technology. It notes the UK's "ambitious" targets for 6 gigawatts of installed green hydrogen capacity by 2030. Read More

AIM WINNERS & LOSERS: ITM Power wins European design contract

24th Jan 2025 10:20

(Alliance News) - The following stocks are the leading risers and fallers on AIM on Friday. Read More

LONDON BROKER RATINGS: Barclays raises Intertek; HSBC raises Greggs

24th Jan 2025 09:31

(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and on Thursday: Read More

UK earnings, trading statements calendar - next 7 days

23rd Jan 2025 17:08

IN BRIEF: ITM Power signs Neptune V supply contract

23rd Dec 2024 21:18

ITM Power PLC - Sheffield, England-based firm is a designer and manufacturer of electrolyser systems for green hydrogen production - Signs contract to supply three Neptune V units, totalling 15 mega watts, to a family-owned private German company. The Neptune V units will be deployed into three individual projects, with the first delivery expected in the first half of calendar 2026. The electrolysers will provide green hydrogen to refuelling stations in Germany. Chief Executive Dennis Schulz says: "We are establishing ourselves as the go-to partner for down-to-earth industrial companies and family businesses, for whom it matters that their plants work reliably, safely and efficiently. We are pleased to have signed yet another Neptune V contract in just a few weeks. Customer interest continues to exceed our expectations". Read More

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