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
(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and on Friday: Read More
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
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
(Alliance News) - The following stocks are the leading risers and fallers on AIM on Friday. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and on Thursday: Read More
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
(Alliance News) - ITM Power PLC on Friday said it has been selected as the technology provider and awarded a front-end engineering design contract for a 50 megawatt green hydrogen production site. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and on Thursday: Read More
(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More
(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and on Tuesday: Read More
(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning and on Monday: Read More
(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and on Friday: Read More
(Correcting the units for the Neptune V electrolyser.) Read More
(Alliance News) - ITM Power PLC on Friday said it has signed its first contract for its Neptune V electrolyser in Germany. Read More
ITM Power PLC - Sheffield, England-based designer and manufacturer of electrolyser systems for green hydrogen products - Reduces iridium loading by a further 40% whilst still maintaining stack performance and longevity in what it calls a technical "milestone" for its proton exchange membrane electrolysers. ITM Power says it has lowered loading by over 80% in the past few years, and met the EU's 2030 precious metal loading target for PEM electrolysers in 2019. Its development of its next-generation stack platform, Chronos, is proceeding to plan. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and on Tuesday: Read More
(Alliance News) - ITM Power PLC on Thursday named Amy Grey as its new chief financial officer, effective no later than early March next year. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and on Friday: Read More
(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and on Thursday: Read More