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United Kingdom

ITM Power Says Delivery Of Completed Projects Increased Significantly In Second Half


Thursday, 30 May 2019 

May 30 (Reuters) - ITM Power PLC ::DELIVERY OF COMPLETED PROJECTS INCREASED SIGNIFICANTLY IN SECOND HALF OF FINANCIAL YEAR TO 30 APRIL 2019 AS EXPECTED.H2 TOTAL INCOME UNDER IFRS 15 IS EXPECTED TO BE APPROXIMATELY £17M (£14.1M), AN INCREASE OF OVER 20% YEAR-ON-YEAR.H2 EBITDA (UNAUDITED) LOSS FROM OPERATIONS OF APPROXIMATELY £6.7M (£4.9M) IS IN LINE WITH BOARD EXPECTATIONS. 

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