Browsing Tag
Chronos
2 posts
ITM Power (AIM: ITM) cuts loss forecast by 27%, but what is driving the turnaround?
ITM Power has reduced its FY2026 adjusted EBITDA loss forecast to £20 million to £21 million without upgrading sales or cash guidance. Improving contract economics, legacy project exposure and a new publicly supported manufacturing expansion will determine whether the progress is sustainable.
ITM Power (LSE: ITM) stock jumps 10% as Great British Energy and DESNZ commit £86.5m to next-generation hydrogen manufacturing
ITM Power (LSE: ITM) secures £86.5m in UK government backing from Great British Energy and DESNZ to build a 1 GW Chronos electrolyser line in Sheffield. Read more.