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"Throughout the first half of 2022, we have worked intensively to position HYON as the supplier of high-capacity hydrogen fueling solutions for hydrogen infrastructure projects in the Norwegian market. The
In the first half of 2022, HYON reported revenues of MNOK 3.7, up from MNOK 1.8 in the same period last year. Operating profit (EBIT) was MNOK -8.1, compared to MNOK -0.07 last year. Cash balance at the end of the period was MNOK 33.7.
Following the successful private placement of MNOK 50 in January, HYON was listed on Euronext Growth on 14 February this year.
"We are in an exciting build-up phase, where our primary focus is technological and organizational development. In addition to expanding our core team, we have positioned ourselves for several major projects and have signed agreements with important suppliers bringing unique competence in their fields and capacity to execute", says Lindtvedt.
In
"Adding to the activity in our home market, we are seeing increasing interest from global majors in the maritime trade. They recognize HYON as a provider of an important and missing piece to realize their future zero carbon value chains", Lindtvedt concludes.
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For further information, please contact:
Jørn Kristian Lindtvedt, CEO, +47 95270739 or
About HYON | https://hyon.energy/
HYON delivers high-capacity hydrogen fueling systems for ships. We enable hydrogen to be transferred from shore to ships in a fast and safe manner.
HYON was founded in 2017, is headquartered in Drammen,
https://news.cision.com/hyon-as/r/hyon---first-half-year-2022-financial-results,c3619723
https://mb.cision.com/Main/21345/3619723/1618633.pdf
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