H2APEX Group SCA's Strong Growth and Strategic Acquisitions in Q1 2025
Key Ideas
  • H2APEX Group SCA reported revenues of EUR 2.1 million for Q1 2025, aligning with annual expectations of EUR 6-8 million.
  • Strategic acquisition of HH2E Werk Lubmin GmbH aims to enhance hydrogen project execution capabilities at the Lubmin site.
  • Successful handover of hydrogen filling stations in Güstrow and Bad Doberan to Rebus, delivering 21 tons of hydrogen in Q1.
  • Despite high investments and staffing costs leading to an EBITDA of EUR -7.1 million, H2APEX remains focused on long-term growth and profitability.
H2APEX Group SCA recently released its interim financial results for the first quarter of 2025, showcasing strong growth and strategic moves in the hydrogen sector. The company reported revenues of EUR 2.1 million, in line with the annual expectations of EUR 6-8 million. Emphasizing its focus on proprietary projects, the company highlighted the impact on Q1 revenue. In a significant strategic acquisition, H2APEX acquired complete ownership of HH2E Werk Lubmin GmbH, with the aim of enhancing hydrogen project execution capabilities at the Lubmin site. Furthermore, the successful handover of hydrogen filling stations in Güstrow and Bad Doberan to Rebus resulted in the delivery of 21 tons of hydrogen in Q1. Despite facing high investments and staffing costs, which led to an EBITDA of EUR -7.1 million, the company continues to expand its business operations and services. The workforce has increased to an average of 150 employees, reflecting the company's commitment to growth and profitability in the long run.
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