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ITM Power (ITM) investor relations material
ITM Power Trading Update summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Financial performance
Achieved record H1 revenue of £18.0m and ended the period with £197m in cash.
Adjusted EBITDA loss narrowed to £11.9m, reflecting improved cost control and project execution.
Market and business environment
European market momentum is accelerating, led by Germany's major infrastructure investments.
UK hydrogen projects are advancing, with first HAR1 projects nearing final investment decisions.
US market faces policy-driven uncertainty.
Operational and product highlights
Strong project progress, including full delivery and installation of the world's first 100 MW PEM plant in Lingen.
High demand for NEPTUNE V (5 MW) and ALPHA 50 (50 MW) green hydrogen plants.
Hydropulse product gaining traction with customers and advancing multiple project opportunities.
Next-generation CHRONOS stack progressing through planned validation.
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