McPhy revises its 2024 revenue guidance to approximately 11m€

McPhy revises its 2024 revenue guidance to approximately 11m€

Foussemagne (France), on January 13^th, 2025 – 7:45 am CET – McPhy Energy, a leading European player in alkaline electrolyzer technology and manufacturing, today announces that it has revised its revenue guidance for the 2024 financial year ending December 31, 2024 to approximately 11 million euros, instead of a range between 18 and 22 million euros as communicated on October 29, 2024.

This downward revision results mainly from :

• on one hand, the fact that the Djewels project has not been taken into account for 2024, as the parties are currently pursuing their discussions; and
• secondly, the partial termination of a legacy mobility contract to supply stations. As a reminder, contracts relating to projects in progress on July 16, 2024, the date of completion of the sale of the stations business, remain the responsibility of McPhy.

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McPhy revises its 2024 revenue guidance to approximately 11m€, source

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