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Randy MacEwen, President and CEO said, “We are seeing unprecedented developments and interest in fuel cell electric mobility, as reflected in our growing Order Book. Financial results and new contract bookings for Q2 and year-to-date were consistent with the type of first half to the year we had expected. Ballard delivered Q2 revenue of $23.7 million, gross margin of 23%, Adjusted EBITDA of ($5.0) million and ending cash reserves of $163.7 million. During Q2 we announced two notable developments that support our business plan. First was a $44 million order from the Weichai-Ballard joint venture in China. Second was our announcement that Ballard is a member in the new H2Bus Consortium, with plans to deploy 1,000 fuel cell electric buses in European cities by 2023.”

Mr. MacEwen noted, “The global megatrend toward electrification of mobility is accelerating and putting increased momentum behind fuel cell-based power for motive applications. There are clear signals that the hydrogen and fuel cell industry is at an exciting stage in its evolution. As we reiterate our full-year 2019 outlook, we also note our expectations for strong growth in 2020 and beyond to underpin Ballard’s continued leadership in powering fuel cell electric vehicles.”
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https://fuelcellsworks.com/news/ballard-reports-q2-2019-resu…
 
aus der Diskussion: Ballard, Sofa
Autor (Datum des Eintrages): Cemby  (01.08.19 20:08:27)
Beitrag: 33,845 von 56,184 (ID:61155320)
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