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    ITM   GB00B0130H42

ITM POWER PLC

(ITM)
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Delayed London Stock Exchange  -  05/19 11:36:32 am EDT
312.20 GBX   +4.31%
05:41aITM Power Secures $12 Million UK Government Funding To Boost Gigastack Project
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05/18Bernstein Initiates ITM Power At Outperform
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05/18ITM POWER : Bernstein reaffirms its Buy rating
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ITM Power : REFHYNE Project Production of Green Hydrogen on the Home Stretch

04/30/2021 | 11:53am EDT
REFHYNE Project Production of Green Hydrogen on the Home Stretch
Friday, 30 April 2021 16:47

ITM Power (AIM: ITM), the energy storage and clean fuel company, is pleased to note the announcement by Shell today of the progress being made at the REFHYNE project, Europe's largest PEM electrolyser, at Rhineland Refinery in Germany. The installation of the roof structure is one of the final stages of the build and the official opening ceremony is scheduled for 2ndJuly 2021.

The full text of Shell's press release, in German, can be found here:

https://www.shell.de/ueber-uns/projects-and-sites/shell-rheinland-refinery/aktuelles/shell-energy-and-chemicals-park-rheinland-produktion-von-gruenem-wasserstoff-auf-der-zielgeraden.html

For further information please visitwww.itm-power.comor contact:

ITM Power plc

+44 (0)114 263 7646

James Collins, Head of IR

This email address is being protected from spambots. You need JavaScript enabled to view it.

Disclaimer

ITM Power plc published this content on 30 April 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 30 April 2021 15:52:05 UTC.


© Publicnow 2021
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Sales 2022 13,2 M 16,5 M 16,5 M
Net income 2022 -31,4 M -39,3 M -39,3 M
Net cash 2022 366 M 458 M 458 M
P/E ratio 2022 -57,6x
Yield 2022 -
Capitalization 1 909 M 2 386 M 2 386 M
EV / Sales 2022 117x
EV / Sales 2023 28,8x
Nbr of Employees 350
Free-Float 66,5%
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Number of Analysts 21
Last Close Price 311,30 GBX
Average target price 534,61 GBX
Spread / Average Target 71,7%
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Managers and Directors
Graham Cooley Chief Executive Officer & Executive Director
Andrew Charles Allen Chief Financial Officer & Executive Director
Roger Bridgland Bone Chairman
Simon Bourne Executive Director & Chief Technology Officer
Martin Clay Operations Director
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