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Chesterfield Special Cylinders Reports Strategic Advances and Strong Orders in H1 FY25

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Chesterfield Special Cylinders Holdings plc (LSE:CSC) released its interim results for the first half of fiscal year 2025, recording revenues of £5.4 million alongside an adjusted EBITDA loss of £1.3 million. The company has made notable strides toward its 2028 objectives, driven by significant contract wins in both the hydrogen and defense sectors. A robust order intake of £14.2 million has bolstered the order book, providing a solid foundation for future growth.

The recent disposal of its Precision Machined Components division has improved the company’s financial position, offering enhanced working capital flexibility. Chesterfield Special Cylinders expects to deliver record full-year revenues in its hydrogen and Integrity Management services segments, supported by a strong pipeline of contracts. This positions the business favorably within the expanding global hydrogen and defense markets.

However, the company faces challenges, with declining financial performance and negative profitability impacting its outlook. Weak technical indicators add to the cautious sentiment, and despite a low share price, the valuation appears stretched.

About Chesterfield Special Cylinders Holdings plc

Based in Sheffield, Chesterfield Special Cylinders Holdings plc specializes in the design and manufacture of high-pressure systems, catering to the energy, defense, and industrial gases industries worldwide.

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