2nd Aug 2024 14:40
ITM Power PLC - Sheffield, England-based designer and manufacturer of electrolyser systems for green hydrogen production - Increases full-year financial 2024 guidance as previous estimates included provisions relating to disputes and legacy projects which have now concluded. Earnings before interest, taxes, depreciation, and amortisation guidance improves to a loss between GBP30.0 million and GBP32.0 million from a previous forecast of a loss between GBP39.0 million and GBP44.0 million. Preliminary earnings are scheduled for release on August 15.
Current stock price: 52.26 pence, flat on Friday afternoon
12-month change: down 42%
By Elijah Dale, Alliance News reporter
Comments and questions to [email protected]
Copyright 2024 Alliance News Ltd. All Rights Reserved.
Related Shares:
Itm Power