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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.
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H1 2026 earnings summary29 Oct, 2026

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.

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Frequently asked questions

Lhyfe SA is a French renewable energy company specializing in the production of green hydrogen through electrolysis powered by renewable energy sources, such as wind and solar. The company develops hydrogen production facilities that enable the decarbonization of industries, transportation, and energy sectors by providing an alternative to fossil fuels. Lhyfe focuses on producing hydrogen in a sustainable, environmentally-friendly manner, aiming to reduce carbon emissions and support the transition to cleaner energy solutions. The company serves clients across Europe, working closely with partners in the renewable energy sector. The company is headquartered in Nantes, France, and its shares are listed on Euronext Paris.