ITM’s full year results statement showed a company repositioning itself in the face of supply chain and other macro issues, and also moving towards a more managed roll out of capacity focused on delivery. While this results in a reduction in our forecasts it is also feels like a more sustainable position and in the longer run result in a company more able to take on the considerable opportunities that are developing in the market.
15 Sep 2022
ITM Power - Repositioning
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ITM Power - Repositioning
ITM Power PLC (ITM:LON) | 63.4 0.6 1.4% | Mkt Cap: 391.4m
- Published:
15 Sep 2022 -
Author:
Adam Forsyth -
Pages:
7 -
ITM’s full year results statement showed a company repositioning itself in the face of supply chain and other macro issues, and also moving towards a more managed roll out of capacity focused on delivery. While this results in a reduction in our forecasts it is also feels like a more sustainable position and in the longer run result in a company more able to take on the considerable opportunities that are developing in the market.