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on HYDROGEN REFUELING (EPA:ALHRS)

Half-Year Sales Report 2025-2026: EUR 8.6 Million (+16%)

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In the first half of the 2025-2026 fiscal year, French company HRS, a leader in hydrogen refueling stations, reported sales of €8.6 million, marking a 16% increase compared to the same period in the previous year. This growth underscores the company's resilience amidst evolving market dynamics.

Key achievements include a 22% rise in sales from hydrogen stations and a 33% boost in maintenance revenues, aligning with HRS's strategy of expanding recurring income. The successful factory tests of a new high-capacity station, due for installation in 2026, further highlight HRS's industrial prowess.

Financially, HRS executed a €8.5 million capital increase, intended to support international expansion and R&D, while cost-saving measures within the Apollo transformation plan generated annual savings of €5-6 million. Additionally, a leaseback project for its industrial site aims to bolster the company's financial structure.

Strategically, HRS fortified its presence in the Middle East, enhancing its ability to engage with regional projects. With a healthy commercial portfolio valued at €42 million and robust sales forecasts, HRS remains committed to its mission of advancing hydrogen infrastructure globally.

R. H.

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