Quelle: www.itm-power.com/news/trading-update
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Highlights:
Record backlog of £52.4m, comprising £21.8m under contract and £30.6m in negotiation
Backlog up 24% since 27 January and not yet reflecting the ILE activity
Higher quality tender opportunity pipeline (ToP) of £263m
Contract award for 8MW electrolyser secured
Bidding with Linde, via ILE, very strong and close collaboration with Linde Engineering enabling ITM Power to focus solely on its core manufacturing competence as opposed to EPC activities
Shell Refhyne project programme progressing well with all five 2MW electrolysers built and phase one of factory acceptance testing successfully completed
Legacy projects, Covid-19 delays and Brexit transition effects on EU grant funding increase expected EBITDA loss for the year ended 30 April 2020 to £17.5m, in line with expectations
Minor Covid-19 impact on Bessemer Park fitout programme (now expected to open in Q4 2020)
Rapid hydrogen market development - three European governments have stated explicit electrolyser targets for 2030: Germany 5GW, Holland 3-4GW and Portugal 2GW
Cash position £41.0m at year end, £38.5m at the end of May
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