sur LHYFE (EPA:LHYFE)
Lhyfe Reports H1 2026 Results Highlighting Strategic Moves and Market Growth
Lhyfe, a leader in green hydrogen production, announced its results for the first half of 2026, showcasing major strategic advancements. A key highlight was the partnership with industrial gas company Messer. This includes a 10-year supply deal, a 30% stake for Messer in four Lhyfe sites, and significant cash gains.
In Germany, sales more than doubled, driven by regulatory changes supporting renewable energy. Overall, Lhyfe maintained stable revenue at €4.7 million, with growth in Germany and France offsetting a decrease in Nordic sales.
Lhyfe expects substantial revenue growth, aiming for €12-13 million in 2026. The company has also managed a 30% reduction in costs, preserving a strong cash position of €45 million as of mid-2026.
As Lhyfe expands its hydrogen production capacity to 36 MW, it eyes new projects in key markets. The partnership with Messer and cost management are crucial to its financial health and future growth.
R. E.
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