Dedicated hydrogen (H2) solutions provider McPhy Energy has announced that it has moved into a phase of “sustainable accelerated growth” after posting a colossal rise in sales of 93% in its 2016 revenue results.
The France-based company reported a rise of 24% in first-half 2016 revenues, climbing from €1.8m ($1.9m) in H1 2015 to €2.2m ($2.3m).
But it was the company’s second-half revenues that lifted its overall financials, skyrocketing from €2.1m ($2.2m) in H2 2015 to €5.3m ($5.6m) – an increase of more than 150%.
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