on HYDROGEN REFUELING (EPA:ALHRS)
HRS Half-Yearly Review: Growth and International Strategy

HRS, the European leader in hydrogen refueling stations, announces gross sales of €14.9 million in the first half of 2024-2025, marking a 16% increase compared to the previous year. However, IFRS adjusted sales amount to €7.4 million due to the deprioritization of certain orders. The company maintains a strong order book of €47.6 million.
This half-year was marked by strong international momentum, with initial orders in Saudi Arabia, Italy, Portugal and the United Kingdom. HRS installed 10 new stations, bringing its global fleet to 27 high-capacity installations. Revenue from its maintenance business jumped 180%, highlighting the importance of recurring revenue.
HRS continues its cost optimization to control its working capital requirement, while adapting to the global economic situation. The expansion and innovation strategy remains at the heart of priorities, with strong ambitions for the second half of the year.
R. E.
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