ITM Power reported higher first-half revenue and narrower losses on Thursday, as the electrolyser maker said contract activity and product launches continued to build momentum, while it maintained a ...

Yorkshire-based green hydrogen firm ITM Power has narrowed its EBITDA losses as the company said it had cut a number of unprofitable “legacy” contracts.

Looking ahead, ITM Power reiterated its guidance for the year ending April 30. It expects between GBP35 million and GBP40 million in revenue, an adjusted Ebitda loss of between GBP27 million and GBP29 ...