Notice of Preliminary Results and Guidance Update

Summary by AI BETAClose X

ITM Power PLC has upgraded its FY26 guidance, now expecting an adjusted EBITDA loss between £20 million and £21 million, representing a significant 27% improvement on previous forecasts and a 38% year-on-year enhancement, while revenue and cash guidance remain unchanged. The company also confirmed that its preliminary results for the year ended 30 April 2026 will be announced on 19 October 2026, with a presentation to analysts and investors scheduled for that morning.

Disclaimer*

ITM Power PLC
08 October 2026
 

08 October 2026

 

ITM Power plc

 

FY26 Guidance Upgrade

and

Notice of Preliminary Results

 

ITM Power is delighted to upgrade its FY26 guidance:

·    Adjusted EBITDA loss is now between £20m and £21m, representing a 27% improvement on the previous guidance and a 38% improvement year-on-year

·    Revenue and cash guidance remain unchanged

ITM Power further confirms that the Preliminary Results for the year ended 30 April 2026 will be announced on 19 October 2026. Dennis Schulz, CEO, Amy Grey, CFO, and Simon Bourne, CTO, will present to analysts and investors at 9:00am on that date.

The results presentation is open to all existing and potential shareholders. Questions can be submitted pre-event via your Investor Meet Company dashboard until 9:00am on 19 October 2026, or at any time during the presentation.

Investors can sign up to Investor Meet Company for free and add ITM Power plc to their meetings via:

https://www.investormeetcompany.com/itm-power-plc/register-investor

Investors who already follow ITM Power plc on the Investor Meet Company platform will automatically be invited.

 

For further information, please visit www.itm-power.com or contact:

ITM Power plc

 

Justin Scarborough, Head of Investor Relations

 

+44 (0)114 551 1080

Berenberg

 

Ciaran Walsh, Harry Nicholas

 

+44 (0)20 3207 7800

J.P. Morgan Cazenove

 

Richard Perelman, Charles Oakes

+44 (0)20 7742 4000

 

 

About ITM Power plc:

ITM Power designs and manufactures industrial-scale electrolysers for green hydrogen production. Its proprietary PEM technology, vertically integrated manufacturing, and in-house engineering capabilities enable it to supply standardised, high-performance hydrogen plants.

With a proven track record in large-scale projects, ITM Power helps leading industrial and energy companies achieve their decarbonisation goals. In addition to its equipment offering, the company provides reliable and cost-competitive hydrogen supply through its build, own and operate (BOO) model, Hydropulse.

Headquartered in the UK, ITM Power is listed on the London Stock Exchange AIM (LSE: ITM) and holds the Green Economy Mark, which recognises companies that generate over 50% of their revenues from green products and services.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 

Companies

ITM Power (ITM)
UK 100

Latest directors dealings