H2-View News: Cavendish Hydrogen tightens losses but warns of lower revenues ahead
Administrator2025-08-28T07:37:19+00:00The Nel spin-off logged revenues of €5.6m ($6.5m), up from €3.7m ($4.3m) in Q1 but down on the same period in 2024. It reported losses before interest and taxes of €4.6m ($5.4m), up 35% from last quarter. Despite the loss narrowing, the firm’s cash position was reduced from €34.5m ($40.2m) in Q1 to €28.7m ($33.4m), [...]

