McPhy provided earnings guidance for the fiscal year ended December 31, 2021. for the year, the company expects operating loss of €25 million. The increase in the operating loss is linked in particular to the structuring projects required for the transition to industrial scale currently being deployed.

This result also includes the financial impact of the potassium hydroxide leak on an equipment installed in Grenzach-Wyhlen in Germany, for a total amount of nearly €5 million. This amount includes all expenses related to the incident itself, provisioned as of June 30, 2021, as well as the cost of preventive measures for the replacement of stacks being deployed with a few customers equipped with a similar first-generation electrolyzer model.