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Hydrogène de France (HDF) investor relations material
Hydrogène de France H1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Industrial momentum maintained with improved operational efficiency and reduced net and operating losses year-over-year.
Significant progress on hydrogen projects in French Guiana, Mexico, and Indonesia, with new partnerships and project milestones.
Workforce streamlined to 93 from 103, reflecting ongoing efficiency initiatives.
Financial highlights
H1 2026 net loss reduced to €4.0 million from €6.6 million in H1 2025; operating loss at €4.6 million versus €8.3 million.
Revenues increased to €0.55 million from €0.41 million year-over-year.
€4.1 million grant recognized, positively impacting earnings.
Cash position at €27.2 million as of June 30, 2026, down from €33.5 million at year-end 2025.
Shareholders' equity at €79.3 million as of June 30, 2026.
Outlook and guidance
CEOG hydrogen power plant in French Guiana expected to begin grid delivery by end of 2026.
OASIS project in Mexico recognized as a flagship initiative; Indonesian project pipeline advancing with new agreements.
Continued focus on industrial project execution and breakeven target.
- €168.9M financing and ABB deal drive growth; net loss cut to €5.7M, cash at €33.5M.HDF
H2 2025 - Net loss widened to €6.6M as revenue fell and FX losses rose, despite major project milestones.HDF
H1 2025 - Net loss rose to -5.1 M€, but cash reserves and a 172.7 M€ grant support future growth.HDF
H1 2024 - Revenue up, industrial launch underway, and €172.7M French support confirmed.HDF
H2 2024
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