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mcphy-records-revenue-growth-of-43-in-2019
mcphy-records-revenue-growth-of-43-in-2019

McPhy records revenue growth of 43% in 2019

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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).

Growth was driven by ‘excellent’ sales momentum over the year, with orders booked both in France and across Europe.

Orders booked and completed for electrolysers and hydrogen production and distribution stations were cited in particular.

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