Board Change • May 21
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 2 independent directors. 6 non-independent directors. Independent Non-Executive Chair Juergen Nowicki was the last independent director to join the board, commencing their role in 2026. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Ankündigung • Apr 10
ITM Power PLC Receives GBP 46.5 Million Grant From DESNZ ITM Power had received a letter from the Department for Energy Security and Net Zero confirming their intention to award a grant of £46.5 million. The Subscription and the Grant will support the establishment of operational capability to manufacture next-generation Chronos electrolyser stack technology (the "Project"). The DESNZ Grant of £46.5 million will be paid quarterly in arrears and used to offset the capital expenditure costs of building the Chronos manufacturing line. The Grant remains subject to subsidy control scrutiny, a statutory process required to ensure any public funding complies with the Subsidy Control Act 2022. The subsidy referral was submitted on 7 April and is expected to conclude in June 2026, after which, subject to a satisfactory outcome, the grant would then be contracted. As part of the grant conditions, the Company has made a commitment to increasing UK workforce by c.250 employees over the next five years, in line with the anticipated increase in demand for products. Ankündigung • Feb 18
ITM Power plc Raises Earnings Guidance for the Fiscal Year 2026 ITM Power Plc raised earnings guidance for the fiscal year 2026. For the year, the company now expected to be between £40 million and £43 million, an 11% midpoint increase compared to the previous guidance range of £35 million to £40 million. Ankündigung • Jan 20
ITM Power Plc to Report First Half, 2026 Results on Jan 29, 2026 ITM Power Plc announced that they will report first half, 2026 results on Jan 29, 2026 Ankündigung • Jan 16
ITM Power Plc Announces Board Changes, Effective 15 January 2026 ITM Power plc is pleased to confirm that Jürgen Nowicki assumed the role of Non-Executive Chair of the Board on 15 January 2026, following his appointment announced on 25 June 2025. Sir Roger Bone has retired from his position as Non-Executive Chair with effect from 15 January 2026, having served as Chair since 2019 and as a Non-Executive Director since 2014. During his tenure, Sir Roger Bone oversaw the Company's transition from a development-stage business to an established commercial organisation and market leader in electrolysers, while strengthening the Company's governance and leadership framework. Board Change • Dec 30
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 5 non-independent directors. Senior Independent Non-Executive Director Martin Green was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Ankündigung • Dec 05
ITM Power Plc Reaffirms Earnings Guidance for the Fiscal Year 2026 and Provides Earnings Guidance for the Six Months to 31 October 2025 ITM Power Plc reaffirmed earnings guidance for the fiscal year 2026. For the year, the company expects revenue to be between £35 million and £40 million,
For the half year, The expected unaudited financial results are as follows: Revenue of £18.0 Million. Ankündigung • Oct 22
ITM Power plc Launches ALPHA 50 ITM Power plc unveiled ALPHA 50, new 50MW full-scope green hydrogen plant designed to set a new global benchmark in scalable, cost-effective hydrogen production. Powered by proven and leading stack technology, ALPHA 50 is fully skid-mounted, prefabricated and standardized. It consolidates central process units and offers in-built redundancy for key components to maximise plant uptime. With its compact footprint, ALPHA 50 can be easily configured into larger plants. It is capable of being deployed globally. Needing only tap water and electricity, ALPHA 50 reliably provides high-purity hydrogen at 30 bar pressure. ALPHA 50 is designed for outdoor installation and can cope with the widest ambient temperature range, minimizing construction and civil works. Offering superior energy efficiency and capable of load changes within seconds, ALPHA 50 maximises hydrogen production. Now available to customers, ALPHA 50 offers unmatched value. The full-scope plant is priced at EUR 50 million; substantially more competitive than any comparable solution, regardless of technology or provider. Ankündigung • Aug 16
ITM Power Plc Provides Earnings Guidance for the Fiscal Year 2026 ITM Power Plc provided earnings guidance for the fiscal year 2026. For the year, the company expects revenue to be between £35 million and £40 million, representing a c.50% year-on-year growth, with the majority of the revenue derived from contracted order backlog. This marks a more than 600% increase over three years. Ankündigung • Aug 01
ITM Power Plc to Report Fiscal Year 2025 Results on Aug 14, 2025 ITM Power Plc announced that they will report fiscal year 2025 results at 8:00 AM, GMT Standard Time on Aug 14, 2025 Ankündigung • Jul 09
ITM Power Plc, Annual General Meeting, Oct 08, 2025 ITM Power Plc, Annual General Meeting, Oct 08, 2025. Ankündigung • Jul 08
ITM Power Plc Announces Board and Committee Changes, Effective 8 October 2025 ITM Power PLC announced the appointment of two new Non-Executive Directors, Sir Warren East and John Howarth, effective following the Annual General Meeting (AGM) on October 8, 2025. Warren East brings extensive global leadership experience from the technology and engineering sectors. He spent 30 years in the semiconductor industry, serving as CEO of ARM from 2001 to 2013, and was appointed CEO at Rolls-Royce in 2015, stepping down at the end of 2022. He has served on the boards of several major engineering and technology companies, including BT, Dyson, and Micron. Currently, he serves as a Non-Executive Director at ASML NV and Tokamak Energy Ltd., and is the Chair of NATS, as well as the President of the IET. Warren was awarded a CBE in 2014 and a knighthood in 2025. John Howarth is a Chartered Accountant with deep expertise in manufacturing, renewable energy, professional services, and aerospace. He is currently a Partner at S&W LLP, providing audit and accounting advisory services to a range of listed and private companies. His previous roles include Partner at EY LLP and senior finance roles at Future plc and PwC LLP. Since 2023, S&W LLP has provided accounting advisory services to ITM Power, with John being the lead engagement partner. Following the conclusion of ITM Power's 2025 full-year audit, John will step down from this role and cease any further involvement with ITM Power in that capacity. Warren will be a member of the Audit and Remuneration Committee; John will join the Audit Committee and take on the role of Chair of the Remuneration Committee. After serving as a Non-Executive Director since July 2022, Denise Cockrem will step down from the Board at the time of the AGM. Ankündigung • Jun 09
ITM Power Plc Announces Board Changes, Effective 15 January 2026 ITM Power PLC announce the appointment of Jürgen Nowicki as Non-Executive Chair of the Board, effective from 15 January 2026. Sir Roger Bone, the incumbent Non-Executive Chair, will retire on 15 January 2026. Jürgen brings deep industrial expertise and a strong track record in the global hydrogen sector and the wider industrial gases industry. Up until May this year, Jürgen served as CEO of Linde Engineering and as a member of Linde PLC's Executive Leadership Team. Before that, he held various senior executive positions within Linde's Gases and Forklift division in Germany, the US and the Czech Republic. His extensive experience in large-scale engineering and the international markets aligns strongly with ITM's strategy to further scale and commercialise its technology. Jürgen served as Linde's nominated Board representative from November 2019 until January 2025 and his new term as Non-Executive Chair will take into account his prior appointment tenure at ITM. Sir Roger Bone has served as Non-Executive Chair since 2019 and as Non-Executive Director since 2014. During Sir Roger's chairmanship, ITM transitioned from a development-stage company to an established commercial business and market leader in electrolysers, and strengthened its governance and leadership team. Jürgen Nowicki, aged 61, holds or has held the following directorships/partnerships in the past five years: Former Directorships/Partnerships (past five years): Linde Kryotechnik AG, LPM, S.a. de C.V., Linde Holding GmbH, Linde GmbH, ITM Power PLC, Commercium Immobilien - und Beteiligungs - GmbH and Carl von Linde-Stiftung an der Technischen Universitat Munchen. Ankündigung • Apr 22
ITM Power Plc Increases Earnings Guidance for the Fiscal Year 2025 ITM Power Plc increased earnings guidance for the fiscal year 2025. For the year, Revenue is now expected to be between £25.5 Million and £26.5 Million, a 30% increase compared to the midpoint of the previously announced range of £18 Million to £22 Million. This increase is due to additional contractual obligations having been fulfilled and associated revenue now recognized. Ankündigung • Jan 30
ITM Power Plc Reiterates Earnings Guidance for the Full Year 2025 ITM Power Plc reiterated earnings guidance for the full year 2025. For the year, the company expects Full-year revenue of £18 million to £22 million. Ankündigung • Jan 16
Itm Power plc Announces Board Changes ITM Power announced that Matthias von Plotho has been appointed a Non-Executive Director effective from 15 January 2025. He replaces Jürgen Nowicki,who has resigned from the Board on the same day. Jürgenserved as Linde's nominated Board representative since November 2019, following Linde's acquisition of its stake in ITM, which currently stands at 16.2%. Matthias joined Linde in 2001 as Team Lead Accounting and subsequently held different positions in Finance & Controlling. In 2003, he was appointed Global Head of M&A for Linde AG and was named Head of Finance & Control EMEA in 2010. He assumed his current role as Senior Vice President Finance EMEA at Linde Gas after Linde's merger with Praxair in 2019. Matthias Hans-Heinrich von Plotho, who is 55 years old, is or has been a director of the following companies during the past five years: Current Directorships /Partnerships: Linde Holding GmbH, Linde GmbH, Linde Electronics GmbH & Co. KG, Hydromotive Verwaltungs GmbH, Linde Gas Therapeutics GmbH, Linde Gas Vervaltungs GmbH, Linde Schweißtechnik GmbH, Linde Österreich Holding GmbH, Linde Gas Benelux B.V., Linde Gas Vietnam Limited, Former Directorships /Partnerships (within the last 5 years): Linde Vietnam Limited Company, African Oxygen (PTY) LTD, Unterbichler Gas GmbH, Linde Gas España Sociedad Anonima. As at the date of this announcement, Matthias von Plotho does not hold any ordinary shares in the capital of the Company. Recent Insider Transactions • Nov 04
CEO & Director recently bought €61k worth of stock On the 30th of October, Dennis Schulz bought around 127k shares on-market at roughly €0.48 per share. This transaction amounted to 40% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Dennis' only on-market trade for the last 12 months. Ankündigung • Sep 12
ITM Power Plc Announces Board Changes ITM Power PLC announced that Amy Grey will join the Company's Board no later than early March 2025. Amy brings a wealth of experience. She is joining from Sheffield Forgemasters, where she has been serving as CFO and previously Finance Director. Before this, Amy held a range of senior management roles, including Vice President of Finance for Greenlane Renewables, a global provider of biogas upgrading systems, UK Finance Director for Heras Perimeter Protection, a Dutch-headquartered company with a global presence, and Finance and Commercial Director at Kelda Group. Amy will take over from Andy Allen, who will step down from the Board on the same date. Andy will support Amy in making a smooth transition and assume a different role within the Company. Amy Elizabeth Grey, who is 47 years old, is or has been a director of the following companies during the past five years: Current Directorships /Partnerships: Sheffield Forgemasters International Limited and Sheffield Forgemasters Engineering Limited. Former Directorships /Partnerships (within the last 5 years): Heras Pension Schemes Trustee Limited and Heras Perimeter Protection Limited. Ankündigung • Aug 30
ITM Power Plc, Annual General Meeting, Oct 08, 2024 ITM Power Plc, Annual General Meeting, Oct 08, 2024. Location: the registered office of the company, 2 bessemer park, s9 1dz, sheffield United Kingdom Reported Earnings • Aug 16
Full year 2024 earnings released: UK£0.044 loss per share (vs UK£0.17 loss in FY 2023) Full year 2024 results: UK£0.044 loss per share (improved from UK£0.17 loss in FY 2023). Revenue: UK£16.5m (up 216% from FY 2023). Net loss: UK£27.2m (loss narrowed 73% from FY 2023). Revenue is forecast to grow 40% p.a. on average during the next 3 years, compared to a 7.1% growth forecast for the Electrical industry in Germany. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has fallen by 51% per year, which means it is performing significantly worse than earnings. Ankündigung • Aug 15
ITM Power Plc Provides Earnings Guidance for the Fiscal Year 2025 ITM Power Plc provided earnings guidance for the fiscal year 2025. For the year, revenue is expected between £18 million and £22 million. Ankündigung • Aug 02
ITM Power Plc to Report Fiscal Year 2024 Results on Aug 15, 2024 ITM Power Plc announced that they will report fiscal year 2024 results at 8:00 AM, GMT Standard Time on Aug 15, 2024 Ankündigung • Jun 08
ITM Power Plc Provides Earnings Guidance for the 12 Months Ended 30 April 2024 ITM Power Plc provided earnings guidance for the 12 months ended 30 April 2024. For the year, revenue expected to be in the range of £16.0 million to £16.5 million, within the £10 million to £18 million guidance range and more than a threefold increase compared to the prior year. Reported Earnings • Feb 01
First half 2024 earnings released: UK£0.03 loss per share (vs UK£0.092 loss in 1H 2023) First half 2024 results: UK£0.03 loss per share (improved from UK£0.092 loss in 1H 2023). Revenue: UK£8.88m (up 337% from 1H 2023). Net loss: UK£18.2m (loss narrowed 68% from 1H 2023). Revenue is forecast to grow 45% p.a. on average during the next 3 years, compared to a 8.2% growth forecast for the Electrical industry in Germany. Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has fallen by 54% per year, which means it is performing significantly worse than earnings. Ankündigung • Feb 01
ITM Power Plc Provides Revenue Guidance for the Year 2024 ITM Power Plc provided revenue guidance for the year 2024. The company expects full-year revenue guidance of £10 million to £18 million to remain unchanged. Further deployments of NEPTUNE plug & play containers are expected in the second half of the year. Buy Or Sell Opportunity • Jan 20
Now 24% undervalued after recent price drop Over the last 90 days, the stock has fallen 29% to €0.53. The fair value is estimated to be €0.70, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.6% over the last 3 years. Earnings per share has declined by 37%. For the next 3 years, revenue is forecast to grow by 43% per annum. Earnings are also forecast to grow by 52% per annum over the same time period. Buying Opportunity • Jan 12
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 25%. The fair value is estimated to be €0.75, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.6% over the last 3 years. Earnings per share has declined by 37%. For the next 3 years, revenue is forecast to grow by 43% per annum. Earnings is also forecast to grow by 50% per annum over the same time period. Ankündigung • Dec 05
ITM Power Plc to Report First Half, 2024 Results on Jan 31, 2024 ITM Power Plc announced that they will report first half, 2024 results on Jan 31, 2024 Buying Opportunity • Nov 28
Now 22% undervalued after recent price drop Over the last 90 days, the stock is down 41%. The fair value is estimated to be €0.77, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.6% over the last 3 years. Earnings per share has declined by 37%. For the next 3 years, revenue is forecast to grow by 44% per annum. Earnings is also forecast to grow by 52% per annum over the same time period. Ankündigung • Oct 22
HYCAP completed the acquisition of 50% stake in Motive Fuels Limited from ITM Power Plc (AIM:ITM) HYCAP signed a non-binding Heads of Terms agreement to acquire 50% stake in Motive Fuels Limited from ITM Power Plc (AIM:ITM) on August 14, 2023. The transaction is expected to be completed in this calendar year. Investec Bank plc acted as nominated adviser and broker in this transaction.
HYCAP completed the acquisition of 50% stake in Motive Fuels Limited from ITM Power Plc (AIM:ITM) on October 20, 2023. Ankündigung • Sep 01
ITM Power Plc, Annual General Meeting, Sep 29, 2023 ITM Power Plc, Annual General Meeting, Sep 29, 2023, at 09:00 Coordinated Universal Time. Location: Bessemer Park, Sheffield, S9 1DZ Sheffield United Kingdom Reported Earnings • Aug 18
Full year 2023 earnings released: UK£0.17 loss per share (vs UK£0.081 loss in FY 2022) Full year 2023 results: UK£0.17 loss per share (further deteriorated from UK£0.081 loss in FY 2022). Net loss: UK£101.2m (loss widened 117% from FY 2022). Revenue is forecast to grow 47% p.a. on average during the next 3 years, compared to a 8.7% growth forecast for the Electrical industry in Germany. Over the last 3 years on average, earnings per share has fallen by 37% per year but the company’s share price has only fallen by 29% per year, which means it has not declined as severely as earnings. Ankündigung • Aug 15
An unknown buyer signed a non-binding Heads of Terms agreement to acquire 50% stake in Motive Fuels Limited from ITM Power Plc (AIM:ITM). An unknown buyer signed a non-binding Heads of Terms agreement to acquire 50% stake in Motive Fuels Limited from ITM Power Plc (AIM:ITM) on August 14, 2023. The transaction is expected to be completed in this calendar year. Investec Bank plc acted as nominated adviser and broker in this transaction. Ankündigung • Jul 25
ITM Power Plc Reaffirms Earnings Guidance for the Year Ended April 30, 2023 ITM Power Plc reaffirmed earnings guidance for the year ended April 30, 2023. The Board confirms the guidance provided at the time of its trading update on 1 June 2023. Ankündigung • Jun 02
ITM Power Plc to Report Fiscal Year 2023 Results on Jul 27, 2023 ITM Power Plc announced that they will report fiscal year 2023 results on Jul 27, 2023 Reported Earnings • Feb 01
First half 2023 earnings released: UK£0.092 loss per share (vs UK£0.028 loss in 1H 2022) First half 2023 results: UK£0.092 loss per share (further deteriorated from UK£0.028 loss in 1H 2022). Net loss: UK£56.5m (loss widened 268% from 1H 2022). Revenue is forecast to grow 60% p.a. on average during the next 3 years, compared to a 8.9% growth forecast for the Electrical industry in Germany. Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings. Ankündigung • Jan 17
ITM Power Plc to Report First Half, 2023 Results on Jan 31, 2023 ITM Power Plc announced that they will report first half, 2023 results on Jan 31, 2023 Ankündigung • Dec 02
ITM Power Plc Announces the Resignation of Graham Cooley as Chief Executive Officer ITM Power Plc announced the resignation of Dr. Graham Cooley as Chief Executive Officer of the company with immediate effect. As previously announced, as part of the planned succession process, Dennis Schulz will succeed Graham as CEO with effect from December 1, 2022. Ankündigung • Nov 25
ITM Power Plc Appoints Dennis Schulz as CEO, with Effect from 1 December 2022 ITM Power announced the appointment of Dennis Schulz as Chief Executive Officer of the Company with effect from 1 December 2022. Dennis moves to ITM Power from Linde Engineering, a division of Linde plc ("Linde"), in Dresden, Germany, where he has been Managing Director since 2020. He brings with him over 14 years of experience working with Linde Engineering across a wide variety of functions including project execution, Head of Strategy and CFO. He has been closely involved in ITM Power's strategic relationship with Linde and in his current capacity has already established strong relationships with the ITM team in Sheffield. He has, in particular, significant experience in the market for green hydrogen and decarbonisation. Dennis holds a Master of Science degree and an Executive MBA. The Company looks forward to welcoming him next month. Ankündigung • Oct 01
ITM Power Plc, Annual General Meeting, Oct 28, 2022 ITM Power Plc, Annual General Meeting, Oct 28, 2022, at 09:00 Coordinated Universal Time. Location: Bessemer Park, Sheffield, S9 1DZ South Yorkshire United Kingdom Reported Earnings • Sep 15
Full year 2022 earnings released: UK£0.081 loss per share (vs UK£0.055 loss in FY 2021) Full year 2022 results: UK£0.081 loss per share (further deteriorated from UK£0.055 loss in FY 2021). Net loss: UK£46.7m (loss widened 69% from FY 2021). Revenue is forecast to grow 47% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Electrical industry in Germany. Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has increased by 33% per year, which means it is well ahead of earnings. Ankündigung • Sep 14
ITM Power Plc Announces Resignation of Dr. Graham Cooley as CEO ITM Power Plc announced that Dr. Graham Cooley has decided to step aside from his position as CEO of the Company after 13 years in post, during which time he has led the Company through very significant growth and development. The Company has commenced a process to select a new CEO. Dr. Cooley will remain in position until a successor is appointed, and thereafter assume a senior strategic role in the Company, reporting to the Chairman and the new CEO. Ankündigung • Aug 02
ITM Power Plc to Report Fiscal Year 2022 Results on Sep 14, 2022 ITM Power Plc announced that they will report fiscal year 2022 results on Sep 14, 2022 Board Change • Jul 26
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Non-Executive Director Katherine Roe was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Ankündigung • Jul 25
ITM Power Plc Announces Appointment of Denise Cockrem as Non-Executive Director ITM Power Plc announced the appointment of Denise Cockrem as a non-executive director with immediate effect. Denise is Group Chief Financial Officer of Ecclesiastical Insurance Office plc. She joined Ecclesiastical Insurance Office plc in August 2018 from Good Energy Group plc, where she was Chief Financial Officer. Before joining Good Energy Group, Denise held a variety of finance roles at RSA Insurance Group, Direct Line, Royal Bank of Scotland and Barclays, which followed roles at Neville Russell and Ernst and Young. She was a Non-Executive Director of Skipton Building Society from September 2015 to April 2021. Denise is a chartered accountant and a fellow of The Institute of Chartered Accountants in England and Wales. Ankündigung • Jun 09
ITM Power Plc Provides Revenue Guidance for the Twelve Months to 30 April 2022 ITM Power Plc provided revenue guidance for the twelve months to 30 April 2022. For the period, the company expects revenue of £5.5 million compared to £4.3 million in 2021, impacted by Deferral of 24 MW Leuna delivery of completed products and therefore revenue recognition of approximately £11 million into Fiscal Year 2023. Reported Earnings • Jan 28
First half 2022 earnings: EPS in line with expectations, revenues disappoint First half 2022 results: UK£0.028 loss per share (down from UK£0.025 loss in 1H 2021). Revenue: UK£4.16m (up UK£3.67m from 1H 2021). Net loss: UK£15.4m (loss widened 28% from 1H 2021). Revenue missed analyst estimates by 6.5%. Over the next year, revenue is forecast to grow 357%, compared to a 14% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has increased by 129% per year, which means it is well ahead of earnings. Ankündigung • Jan 27
ITM Power plc Provides Operating Guidance for the Full Year of 2022 ITM Power Plc provided operating guidance for the full year of 2022. For the period, the company expects to be 33-50 MW products. Recent Insider Transactions • Nov 19
CEO & Executive Director recently bought €296k worth of stock On the 16th of November, Graham Cooley bought around 63k shares on-market at roughly €4.73 per share. This was the largest purchase by an insider in the last 3 months. Graham has been a buyer over the last 12 months, purchasing a net total of €296k worth in shares. Reported Earnings • Sep 15
Full year 2021 earnings released: UK£0.055 loss per share (vs UK£0.074 loss in FY 2020) Full year 2021 results: Net loss: UK£27.7m (loss narrowed 6.3% from FY 2020). Over the last 3 years on average, earnings per share has fallen by 37% per year but the company’s share price has increased by 146% per year, which means it is well ahead of earnings. Ankündigung • Jun 10
ITM Power Plc Provides Earnings Guidance for the Year Ending April 30, 2021; Provides Production Guidance for the Fiscal Year Ending 30 April 2022 ITM Power Plc provided earnings guidance for the year ending 30 April 2021. Revenue for the financial year to 30 April 2021 is expected to be £4.0 million. EBIT losses in the financial year to 30 April 2021 are expected to be broadly in line with management expectations.
The company provided production guidance for the fiscal year ending 30 April 2022. In terms of the outlook for the current financial year ending 30 April 2022, the company currently expects to produce (and recognise revenue for) 50MW of electrolysers. Ankündigung • Feb 27
ITM Power plc Updates on Planned 100MW Expansion of Shell Refinery Project ITM Power is pleased to note the announcement by Shell of its plans for its Rhineland Refinery in Germany. These include an increase in the capacity of the ITM Power PEM electrolysis plant by 100MW. Shell's partners for the electrolysis project are ITM Power, ITM Linde Electrolysis GmbH (ILE) and Linde. Subject to finalising contracts and securing some matching funding, construction will begin next year. Reported Earnings • Jan 30
First half 2021 earnings released: UK£0.025 loss per share (vs UK£0.03 loss in 1H 2020) First half 2021 results: Net loss: UK£12.0m (loss widened 22% from 1H 2020). Over the last 3 years on average, earnings per share has fallen by 50% per year but the company’s share price has increased by 146% per year, which means it is well ahead of earnings. Is New 90 Day High Low • Jan 26
New 90-day high: €7.75 The company is up 208% from its price of €2.52 on 28 October 2020. The German market is up 16% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electrical industry, which is up 54% over the same period. Is New 90 Day High Low • Jan 07
New 90-day high: €6.29 The company is up 96% from its price of €3.21 on 09 October 2020. The German market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electrical industry, which is up 34% over the same period. Ankündigung • Jan 04
ITM Power Announces Updates on Gigafactory At Bessemer Park in Sheffield ITM Power announced an update on the fit out and opening of the Company's first Gigafactory at Bessemer Park in Sheffield. Bessemer Park: The fit out of the 1GW (1,000MW) per annum Gigafactory at Bessemer Park has now reached 'Practical Completion' - the handover to the Company by the contractors of the completed building - having suffered only a minor delay from the Covid-19 pandemic. The completed fit out included an expansion of the existing offices, enlargement of the stack manufacturing and production areas and a dedicated ATEX rated space for factory acceptance testing of products, all coupled with the necessary 5MW power supply on site. The Gigafactory also houses the 24 hour remote and technical monitoring centre that will support ITM Power's after-sales service proposition, the Marketing centre, Technology centre and component stores. The site, just off J34 of the M1 in Sheffield will welcome visitors in the near future, with the creation of a conferencing facility, as well as a Hydrogen Academy to support the training of apprentices, local engineers and customers, together with facilities for site visits by customers, shareholders, investors and other stakeholders. Is New 90 Day High Low • Dec 16
New 90-day high: €4.41 The company is up 51% from its price of €2.93 on 17 September 2020. The German market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electrical industry, which is up 18% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is per share. Ankündigung • Dec 04
ITM Power Plc Appoints Tom Rae as Non-Executive Director ITM Power Plc announced the appointment of Tom Rae, currently Principal of Tom Rae Consulting, as a Non-executive director of the company with effective December 3, 2020. Until September 2019, Tom was Group Director of Purchasing & Supply Chain and a member of the Group Executive Committee at JCB. He replaces Bob Pendlebury who retired from the Board in July 2020, as the representative of J.C.B. Research Limited, a significant shareholder in ITM Power. Tom left NSG in 2014 to join JCB as Group Director of Purchasing & Supply Chain and was a member of the Group Executive Committee before setting up his own consultancy practice in late 2019. He holds a degree in chemistry from Heriot-Watt University, Edinburgh and an MBA from Napier University, Edinburgh. Is New 90 Day High Low • Nov 19
New 90-day high: €3.60 The company is up 20% from its price of €3.00 on 21 August 2020. The German market is up 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electrical industry, which is up 13% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €0.64 per share. Is New 90 Day High Low • Oct 29
New 90-day low: €2.52 The company is down 8.0% from its price of €2.75 on 30 July 2020. The German market is down 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electrical industry, which is up 14% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €1.03 per share. Reported Earnings • Oct 24
Full year earnings released - €0.074 loss per share Over the last 12 months the company has reported total losses of UK£29.6m, with losses widening by 212% from the prior year. Ankündigung • Sep 17
ScottishPower Renewables and ITM Power Enter into Strategic Partnership ITM Power Plc announced that a pioneering Strategic partnership has been established to create new green hydrogen production facilities with clusters of refuelling stations across Scotland, supporting the country's efforts to achieve net zero by 2045. 'Green Hydrogen for Scotland' - a partnership of ScottishPower Renewables, BOC and ITM Power - brings together names in the renewables and clean fuel industries to offer an end-to-end market solution for reducing vehicle emissions through the provision of green hydrogen. The partnership's first project, 'Green Hydrogen for Glasgow', is designed to provide carbon-free transport and clean air for communities across the city, which wants to become the first net-zero city in the UK. A proposed green hydrogen production facility located on the outskirts of the city will be operated by BOC, using wind and solar power produced by ScottishPower Renewables to operate a 10MW electrolyser, delivered by ITM Power. The project aims to supply hydrogen to the commercial market within the next two years. This project also supports the Scottish Government's decarbonisation targets and Glasgow City Council's commitment to creating a zero emissions vehicle fleet, using only electric and hydrogen-powered vehicles by the end of 2029. Hydrogen fuel - which is particularly suitable for larger vehicles - is produced through a chemical process known as electrolysis, using an electrolyser to extract hydrogen from water. Powering the electrolyser from renewable sources like wind and solar power means the process is completed without any carbon emissions - making the hydrogen 'green'. The new facilities planned by 'Green Hydrogen for Scotland' will ensure the zero emission fuel is readily available to organizations such as local authorities and others with fleets of heavy duty vehicles. 
