Haffner Energy's Milestones and Strategic Partnerships Set Stage for Growth in 2025
Key Ideas
- Haffner Energy achieved key milestones in 2024-2025, including the launch of a showcase site for green hydrogen production and partnership agreements with industry leaders.
- The company saw improvements in EBITDA and revenue, with a focus on cost-cutting to preserve cash, setting the stage for a target EBITDA breakeven by March 31, 2026.
- A successful €7M fundraising post fiscal year end, with significant shareholder and new investor support, will fuel the company's development and expansion.
- The Marolles showcase site in Vitry-le-François is a pivotal asset, allowing customers to experience Haffner Energy's technologies firsthand and test different applications of green hydrogen and renewable gases.
Haffner Energy recently disclosed its annual results for the fiscal year 2024-2025, highlighting significant achievements and setting the stage for future growth. The year was marked by the unveiling of the Marolles showcase site in Vitry-le-François, France, dedicated to green hydrogen and renewable gas production. This site, operational since November 2024, enables the production of mobility-grade green hydrogen and offers a platform for testing Haffner Energy's technologies at an industrial scale.
Throughout the year, the company made strides in expanding its project portfolio and forging strategic partnerships with key players in the sustainable aviation fuel (SAF) sector, enhancing its market reach beyond hydrogen. Despite recording a net loss for the year, Haffner Energy saw improvements in EBITDA and revenue, driven by a focus on cost reductions to improve cash flow.
The company's financial position was bolstered by a successful capital increase post fiscal year, raising €7M and widening the free float. This fundraising, which saw significant contributions from existing shareholders and new investors, positions Haffner Energy for future development and expansion.
Philippe Haffner, the Co-founder and CEO, expressed optimism about the company's trajectory, emphasizing the strategic projects undertaken during the year and the roadmap for profitable growth. With a consolidated commercial outlook projecting a substantial pipeline and an EBITDA breakeven target for March 31, 2026, Haffner Energy aims to capitalize on its technological maturity and industry partnerships to drive its success.