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On 08 October 2026, ITM Power plc upgraded its FY26 Adjusted EBITDA loss guidance to between £20m and £21m, representing a 27% improvement on previous guidance and 38% year-on-year, while revenue and cash guidance remained unchanged. The company also confirmed that its Preliminary Results for the year ended 30 April 2026 will be announced on 19 October 2026, with CEO Dennis Schulz, CFO Amy Grey, and CTO Simon Bourne presenting at 9:00am.
| Date | 8 Oct 2026 |
| Time | 07:00:04 |
| Category | Results |
| ID | 0716Y |
08 October 2026
ITM Power plc
FY26 Guidance Upgrade
and
Notice of Preliminary Results
ITM Power is delighted to upgrade its FY26 guidance:
· Adjusted EBITDA loss is now between £20m and £21m, representing a 27% improvement on the previous guidance and a 38% improvement year-on-year
· Revenue and cash guidance remain unchanged
ITM Power further confirms that the Preliminary Results for the year ended 30 April 2026 will be announced on 19 October 2026. Dennis Schulz, CEO, Amy Grey, CFO, and Simon Bourne, CTO, will present to analysts and investors at 9:00am on that date.
The results presentation is open to all existing and potential shareholders. Questions can be submitted pre-event via your Investor Meet Company dashboard until 9:00am on 19 October 2026, or at any time during the presentation.
Investors can sign up to Investor Meet Company for free and add ITM Power plc to their meetings via:
https://www.investormeetcompany.com/itm-power-plc/register-investor
Investors who already follow ITM Power plc on the Investor Meet Company platform will automatically be invited.
For further information, please visit www.itm-power.com or contact:
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ITM Power plc |
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Justin Scarborough, Head of Investor Relations
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+44 (0)114 551 1080 |
|
Berenberg |
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Ciaran Walsh, Harry Nicholas
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+44 (0)20 3207 7800 |
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J.P. Morgan Cazenove |
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Richard Perelman, Charles Oakes |
+44 (0)20 7742 4000 |
About ITM Power plc:
ITM Power designs and manufactures industrial-scale electrolysers for green hydrogen production. Its proprietary PEM technology, vertically integrated manufacturing, and in-house engineering capabilities enable it to supply standardised, high-performance hydrogen plants.
With a proven track record in large-scale projects, ITM Power helps leading industrial and energy companies achieve their decarbonisation goals. In addition to its equipment offering, the company provides reliable and cost-competitive hydrogen supply through its build, own and operate (BOO) model, Hydropulse.
Headquartered in the UK, ITM Power is listed on the London Stock Exchange AIM (LSE: ITM) and holds the Green Economy Mark, which recognises companies that generate over 50% of their revenues from green products and services.