ITM Power

Trading statement reflects further growth

  • Jun 10 2021, 12:00 IST/BST
  • Colin Grant
  • Company Report
  • 8 page(s)
  • Sectors : Resource
  • Companies : ITM Power

Ratings and price correct at time of issue.

  • ITM Power

    Closing Price: 396p

  • RATING 23/02/21

  • PREVIOUS RATING N/A

Person's Name

Colin Grant

Analyst

DAVY VIEW

ITM Power has published a trading statement for the fiscal year ending April 30th. The outlook statement refers to the potential production and sale of up to 50MW of electrolysers in FY2022 versus our current forecast of 25MW, and there is strong growth in the contracts backlog and tender opportunity pipeline.

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Jun 10 2021, 12:00 IST/BST

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