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Lhyfe (LHYFE) investor relations material
Lhyfe H1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
H1 revenue was €4.684m, stable YoY; 290t of renewable H₂ was delivered across more than 570 deliveries.
Installed production capacity reached 36 MW, including 15 MW under commissioning; available cash at June-end was €45.2m.
Priorities include ramping the France-Germany platform, commissioning Croixrault and Le Cheylas, growing German sales and preparing project FIDs.
Financial highlights
Revenue was €4.684m versus €4.639m in H1 2025; growth in France and Germany offset lower Nordic deliveries.
Adjusted EBITDA loss was €13.276m versus €13.173m; operating loss improved to €17.589m from €19.751m.
Net loss narrowed to €20.121m from €21.658m; EPS improved to -€0.42 from -€0.45.
The cost-reduction plan was completed; personnel and external expenses declined, with the full cost-base reduction expected in 2027.
Outlook and guidance
FY 2026 revenue is forecast at €12m–€13m; German sales are forecast to grow 130% versus 2025.
2027 green hydrogen sales revenue is expected to grow >60%, supported by German volumes, indirect sales and ramp-up of commissioned capacity.
Croixrault (5 MW) and Le Cheylas (10 MW) are expected to commission between late 2026 and early 2027; Green Horizon FID is expected in 2027.
Development and engineering services are expected to contribute revenue from 2027.
- 2025 revenue doubled, production capacity expanded, and a major cost reduction plan announced.LHYFE
H2 2025 TU - 2025 revenue doubled to €9.8m, but net loss widened to €51.0m amid restructuring; 2026 targets 50% growth.LHYFE
H2 2025 - Doubling 2025 revenues, expanded capacity, and a 30% cost cut drive growth and profitability.LHYFE
Trading Update - Revenue tripled to €4.6m, with expanded capacity, strong financing, and EU certification.LHYFE
H1 2025 - Revenue up 4x to €1.7m, net loss narrows, and project pipeline advances with strong cash support.LHYFE
H1 2024 - Lhyfe quadrupled revenue, expanded capacity, and secured top ESG ranking in 2024.LHYFE
Trading Update - Revenue quadrupled, capacity soared, and €242m in grants set the stage for rapid growth.LHYFE
H2 2024
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