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31 Jan
17:39

ITM Power promises turnaround after ‘unacceptable’ financial performance

UK electrolyser manufacturer ITM Power says it will get its business back on track with engineering changes and cost control scrutiny, Kallanish reports. New ceo Denis Schulz presented his 12-month plan on how to deliver a turnaround, transforming its R&D culture company to a “professional and credible delivery organisation ready for volume manufacturing” to investors on Tuesday. The strategy will prioritise a core product suite with robust produc…
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