EnergyWatch

Green Hydrogen Systems reissues guidance at downgraded level

After having suspending its annual outlook due to product issues, the Danish electrolyzer manufacturer now reissues 2022 guidance, however making a heavy cut to projected revenue.

Photo: Green Hydrogen Systems/PR

Green Hydrogen Systems’ (GHS) half-year financial statement makes for mixed reading.

For starters, the company reports having only lost roughly DKK 150m (EUR 20.17m) during the period, while on the other hand noting its operating deficit deepening twice over. Moreover, the Danish electrolyzer maker downgrades its full-year guidance while in the same breath signaling resolution with the problem-stricken A-series product line.

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