McPhy Energy reports a net loss of -47.4 million euros for the past year, compared with -38.2 million in 2022, as well as an EBITDA increase from -36.8 to -44.6 million, 'reflecting expenditure on R&D programs and customer projects'.

Sales for the low-carbon hydrogen equipment specialist rose by 17% to €18.8 million, in line with its double-digit growth target, driven by the electrolyser business (+25%) accounting for 73% of the total.

In 2024, McPhy intends to 'pursue the technological development of its new range of high-capacity electrolyzers, the implementation of its industrial tool and the execution of its first large-scale projects'.

Copyright (c) 2024 CercleFinance.com. All rights reserved.