mcphy annual report 2019

Bolstered by its commercial successes, a strengthened financial structure and its positioning as a major technological and industrial partner on a high-potential market, McPhy is reaffirming its confidence in its medium-term growth prospects. Whether they are environmental, economic or social, the modern world is facing major challenges for which the only solution is a profound change in the way we look at and interact with energy. The wide scale deployment of hydrogen requires a rigorous quality and security approach. Highly motivated and energetic, the McPhy team is constantly evolving in an ever-changing environment where tackling challenges, enthusiasm and proactivity are the name of the game! T. +33 (0)1 44 71 20 40 By boosting the development of an energy mix based on renewable energies which are more sustainable and related to the region; hydrogen is contributing to the emergence of a carbon-neutral social model. McPhy records strong growth in 2019 As announced, McPhy recorded a +43% increase in revenue in 2019 to €11.4 million, versus €8 million in 2018. For bearer shareholders, the postal voting or proxy form must be accompanied by the shareholding certificate issued by the approved intermediary who manages the securities account. Welcome to the new era of low carbon industry, reconciling the issues of productivity and social responsibility. Revenue is made up of 60% of electrolyzers sales (including 49% of large-capacity electrolyzers and 11% of smaller capacity electrolyzers) and 40% of hydrogen station sales. mcphy@newcap.eu. According to the Hydrogen Council’s “Path to Hydrogen Competitiveness: A Cost Perspective” report, the scaling up of the zero-carbon hydrogen production and distribution markets and the industrialization of equipment manufacturing should lead to a reduction of up to 50% in costs by 2030. View MCPHY.FR financial statements in full. mcphy@newcap.fr, NewCap • Capital increase of almost €7 million in November 2019 enabling the Company to roll-out its international activities and pursue its development strategy Starbucks assumes no obligation to update any of these forward-looking statements or information. In addition to our products’ certification, we actively participate in the regulatory and standardization work (in France and abroad) that will allow hydrogen to fulfill its role in energy transition. Results and reports. Nov 26, 2020. French hydrogen production and distribution specialist McPhy has disclosed its 2019 annual results and revealed a 43% increase in revenue to €11.4m (2018: €8m). What is hydrogen and how does it fit into this new model of society? As a designer, manufacturer and integrator of hydrogen equipment since 2008, we invite you to discover not only our history, but also the clean hydrogen vision that the McPhy group carries throughout the world. Present all around the world, our teams are structured by areas of expertise and organized around a founding purpose: Customer satisfaction. “The Customer Service Center is more than just a department- it's a company mindset." This growth was driven by … The Group has also received an agreement in principle from its banking partners to formalize additional State-backed credit lines of €4 million. NewCap McPhy is steered by an international executive committee. McPhy was created in 2008 in France with the breakthrough technology of hydrogen storage in solid form. Available options for the McStore products line. being able to accelerate the roll-out of zero-carbon ecosystems thanks to its zero-carbon hydrogen production and distribution equipment, and strongly believes in the possibility of seizing new opportunities once this global crisis is over. Versatile and a creator of value, hydrogen could be the answer to a successful energy transition, all while keeping up with the ever-evolving challenges associated with economic growth. McPhy Energy balance sheet, income statement, cash flow, earnings & estimates, ratio and margins. These cookies relate to services provided by third parties, such as "Like" and "Share" buttons. NewCap Discover our McFilling large capacity line, a complete range of hydrogen stations to supply large fleets of H2 vehicles (stations for buses, for the general public, etc.). Chart Industries Reports 2020 Third Quarter Results. Welcome to our website. McPhy specifies the conditions for the Annual General Meeting of May 20, 2020, issues an update on the impact of the Covid-19 pandemic on its activity and recalls the terms of the exercise of stock warrants. If you continue to use this site we will assume that you are happy with it. Bolstered by a solid and secured financial situation to continue its activity, McPhy has confidence in the pertinence of its corporate project to enable it to cope with the challenges of this pandemic. © 2019 McPhy Energy S.A. All rights reserved. This growth was driven by the taking and completion of a number of orders for electrolyzers and hydrogen production and distribution stations in France and abroad.. As a reminder, the stock warrants can be exercised from January 17, 2020 until May 18, 2020, i.e. 2019 Annual Report (released April 2020) 2019 Complete Annual Report (308 pgs) Chairman and CEO letter to shareholders (22) Line of Business CEO letters to shareholders (17) Financial highlights (1 pg) Management's discussion and analysis (102 pgs) Consolidated financial statements and Notes and Supplementary information (158 pgs) Thus, in order to take effective action within a rapidly changing context, the Group has implemented business continuity plans across all its sites that are updated according to changes in the situation in each country. mcphy@newcap.fr. Let's take a look at our positionning throughout the whole hydrogen value chain. From 0,4 to 12 Nm3/h, 1 to 8 bar: our small and medium range of Piel electrolyzers is perfectly adapted for an interrupted operating mode and/or “light” industry. Events Dates* 2019 Full-Year Sales January 28, 2020 2019 Full-Year Results March 10, 2020 Annual By boosting the development of an energy mix based on renewable energies which are more sustainable and related to the region; hydrogen is contributing to the emergence of a carbon-neutral social model. The completed and signed postal voting form or proxy provided to the Chairman of the AGM should therefore be sent: Registered shareholders will receive the voting form with their usual convocation. Reports of the Statutory Auditors on financial statement, Special reports of the Statutory Auditors, Supplementary reports of the Statutory Auditors, Voting rights and shares making up McPhy equity, © 2019 McPhy Energy S.A. All rights reserved. ... PR_McPhy_2019 annual results_ENG_vF. Product launches, new projects, financial information: find our latest releases here. Indeed, the Group is driven by robust fundamentals and the positive outlook for the hydrogen and energy transition market, which will be more relevant than ever in the post-crisis world. At March 31, 2020, 4,059,490 of these stock warrants had been exercised, resulting in the issuance of 405,949 new shares representing €1.1 million. McPhy Energy annual income statement. “The Customer Service Center is more than just a department- it's a company mindset." McPhy is listed on NYSE Euronext Paris (Segment C, ISIN code: FR0011742329; ticker: MCPHY). La Motte-Fanjas (France), April 29, 2020 – 5:45 pm CEST – McPhy (Euronext Paris Compartment C: MCPHY, FR0011742329) is a specialist in hydrogen production and distribution equipment. Strong revenue growth and improved result. This operation enables the Company to accelerate its development strategy and the roll-out of its international activities. Oct 28, 2020. In the current health context of the Covid-19 pandemic, McPhy has exceptionally decided to hold its Annual General Meeting of May 20, 2020 at 11:00 am CEST in closed session, without the presence (physical or by conference / video call) of its shareholders or other participants (such as the auditors or staff representative bodies), at the Company’s head offices, 1115 route de Saint-Thomas, 26190 La Motte-Fanjas, France. Because Customer satisfaction is our priority, McPhy takes a Customer-Centric approach and proposes a large range of services. Amidst the coronavirus pandemic, McPhy has reported a strong commercial dynamic and increased cash flow as it shares its results for the first half of the year. These cookies are required to enable core site functionality. By filling in and sending this contact request form, you agree to be put in contact with a McPhy employee and you agree to the terms and conditions governing the McPhy website and the management of your personal data. McPhy was created in 2008 in France with the breakthrough technology of hydrogen storage in solid form. As a designer, manufacturer and integrator of hydrogen equipment since 2008, McPhy has three development, engineering and production units based in Europe (France, Italy, Germany). In 2019, McPhy recorded a +43% increase in revenue to €11.4 million, versus €8 million in 2018. McPhy proposes two approaches for hydrogen stations of small and medium capacity (5 to 20 kg / day): McFilling and SimpleFuel. mcphy@newcap.eu, NewCap • Confirmation of medium-term growth prospects with McPhy’s industrial scaling up. Q4 and full-year 2020 results. two days before the Company’s Annual General Meeting called to approve its annual accounts for the year to December 31, 2019. The eligibility to participate in the Annual General Meeting is subject to having shares registered in the Company’s shareholders’ account in accordance with the terms indicated in the convening notice published in the BALO public notices on April 10, 2020, available on the Company’s website in the Shareholders’ Meetings section. Whether you are energy producers or energy project developers in insular or off-grid locations (villages, eco-neighborhoods, etc. 1Reconciliations of the non-GAAP financial measures designated as “adjusted” to the most comparable financial measures calculated in accordance with U.S. generally accepted accounting principles (“GAAP”) can be found on pages 62 and 63 of the 2019 printed annual report linked here . In the framework of the energy transition, and as a leading supplier of hydrogen production and distribution equipment, McPhy contributes to the deployment of zero-carbon hydrogen throughout the world. Given the exceptional circumstances associated with the Covid-19 pandemic, written questions may be sent to the Chairman of the Board of Directors by email at the following address: emilie.maschio@mcphy.com, which is the preferred method, or by recommended letter with acknowledgment of receipt, no later than the fourth business day prior to the date of the AGM, i.e. This range is specifically adapted for Power to Gas or Power to Power use. or by regular post to BNP PARIBAS Securities Services, CTO Assemblées Générales, Les Grands Moulins de Pantin, 9 rue du Débarcadère, 93761 Pantin Cedex, France. Thanks to a local production approach and a wide range of uses adapted to local needs, hydrogen brings a sustainable and profitable answer to the economic, ecologic and societal objectives to each area. Our company has woven together solid, dynamic partnerships with private companies, communities, R&D centers and institutions. McPhy’s Extraordinary Shareholders’ Meeting of January 16, 2020 approved the resolution concerning the issuance of 14,773,307 BSA stock warrants enabling all shareholders (with the exception of Fonds Ecotechnologies and EDF Pulse Croissance Holding, who have agreed not to exercise any warrants allocated to them) to participate in the operation and benefit from the same subscription conditions.

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