Everfuel reports €5.4m first half loss

Everfuel said it is committed to progressing its hydrogen hub concept and developing a European fuelling network after recording an EBITDA loss of €5.4m in the first half of 2022.

Revenues totalled €840,000 during the period, spurred by sales at the new H2 station in the Netherlands, with cash of €50.4m to the end of June.

In a statement, Everfuel said its results reflect that “the company is still in the initial stages of commercialising the green hydrogen value chain in its target markets”.

Everfuel – whose ambition is to make green hydrogen for zero emission mobility and energy supply commercially available across Europe – is targeting first hydrogen late this year at its initial hub in Fredericia, Denmark.

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