HRS Half-Year Results 2024-2025: International Expansion and Cost Control

HRS ended its first half of 2024-2025 with adjusted revenue of €7.4 million, impacted by the deprioritization of certain orders. This strategy aimed to secure future financing and finalize installations. Gross revenue reached €14.9 million, supported by growing international orders.

With gross cash of €9.6 million, HRS has focused on cost control, notably through a 14% reduction in external expenses. These measures have enabled HRS to maintain control over a recurring EBITDA of -€6.5 million.

The company installed 10 stations during the first half, bringing the total to 27 high-capacity stations, and expanded its international presence with projects in the Middle East and Europe. The order book stands at €48.8 million.

Faced with economic challenges, HRS has adapted its structure to exploit its future growth potential. The strategy includes strengthening international projects and maintaining long-term profitability.