Fusion Fuel Green PLC Publishes New Investor Presentation in Advance of Investor Day, Highlights Key Milestones
January 28 2021 - 7:46AM
Fusion Fuel Green PLC (NASDAQ: HTOO), ("Fusion Fuel", or "the
Company"), an emerging leader in the green hydrogen sector,
announced today that the Company has published a new investor
presentation, providing an update on market dynamics, the project
pipeline, business plan, and key milestones including a levelized
cost of Green Hydrogen under €2 / kg by 2023 and € 250m in annual
revenues, € 90m in annual EBITDA, and € 30.3m in net income by
2025. The presentation will be available for download on the
investors section of the Company’s website.
The Company would also like to remind shareholders and other
interested parties that it will be holding an Investor Day today,
January 28, featuring a live Q&A with Fusion Fuel management. A
replay of the investor day will also be available on the investors
section of the website for 12 months.
Event information for Fusion Fuel Investor
Day
Date: January 28, 2021
Time: 10:00am ET / 3:00pm GMT
Webcast link:
https://gatewayir.zoom.us/webinar/register/WN_NJgBq5xQTKaFbsaDANM3Ng
About Fusion Fuel Green plc.
Fusion Fuel Green plc. is an emerging leader in the Green
Hydrogen space, committed to accelerating the energy transition and
decarbonizing the global energy system by making zero-emissions
Green Hydrogen commercially viable and accessible. Fusion Fuel has
created a revolutionary proprietary electrolyzer solution that
allows it to produce hydrogen at highly competitive costs using
renewable energy, resulting in zero-carbon emissions. Fusion Fuel’s
business lines include the sale of electrolyzer technology to
customers interested in building their own Green Hydrogen capacity,
the development of hydrogen plants to be owned and operated by
Fusion Fuel and active management of the portfolio of such hydrogen
plants as assets, and the sale of Green Hydrogen as a commodity to
end-users through long-term hydrogen purchase agreements. For more
information, please visit https://www.fusion-fuel.eu/.
Forward Looking Statements
This press release contains forward-looking statements within
the meaning of the Private Securities Litigation Reform Act of
1995. The words “believe,” “may,” “estimate,” “continue,”
“anticipate,” “intend,” “should,” “plan,” “could,” “target,”
“potential,” “is likely,” “will,” “expect” and similar expressions
are intended to identify forward-looking statements. The Company
has based these forward-looking statements largely on current
expectations and projections about future events and financial
trends that the Company believes may affect its financial
condition, results of operations, business strategy and financial
needs. Such expectations and projections involve a number of known
and unknown risks, which may be outside of the Company’s control.
Accordingly, some or all of the results anticipated by these
forward-looking statements may not be achieved. The forward-looking
statements and projections herein should not be regarded as a
representation or prediction that the Company will achieve or is
likely to achieve any particular results. The Company cautions
readers not to place undue reliance upon any forward-looking
statements and projections, which speak only as of the date made.
The Company undertakes no obligation to publicly update any
forward-looking statement, whether as a result of new information,
future developments or otherwise, except as may be required by
law.
Use of Social Media as a Source of Material
News
The Company uses, and will continue to use, its LinkedIn
profile, website, press releases, and various social media
channels, as additional means of disclosing information to
investors, the media, and others interested in the Company. It is
possible that certain information that the Company posts on social
media or its website, or disseminates in press releases, could be
deemed to be material information, and the Company encourages
investors, the media and others interested in the Company to review
the business and financial information that the Company posts on
its social media channels, website, and disseminates in press
releases, as such information could be deemed to be material
information.
Non-IFRS Financial Measures
The Company’s consolidated financial statements are prepared in
accordance with International Financial Reporting Standards as
adopted by the International Accounting Standards Board (“IFRS”)
and are denominated in Euros (“EUR” or “€”). The Company uses
several non-IFRS financial measures to evaluate its results of
operations and as supplemental indicators of its operating
performance, including EBITDA (earnings before interest, taxes,
depreciation, and amortization). The Company believes this non-IFRS
financial measure enhances the understanding of its historical and
current financial results and provides investors with measures used
by management for planning and forecasting of future periods.
Further, the non-IFRS financial measure EBITDA enables the board of
directors and management to analyze and evaluate financial and
strategic planning decisions that will directly affect operating
decisions and investments. The Company believes EBITDA is an
important indicator of its operational strength and performance of
the business because EBITDA provides a link between operational
performance and operating income. Accordingly, the Company believes
the presentation of this measure is relevant and useful for
investors because it allows investors to view performance in a
manner similar to the methods used by management. This non-IFRS
financial measure should be considered in addition to, rather than
as a substitute for, the Company’s actual operating results
included in its consolidated financial statements.
Investor Relations Contact
Cody Slach and Georg VenturatosGateway IRHTOO@gatewayir.com
Fusion Fuel Green (NASDAQ:HTOO)
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