Cavendish Hydrogen ASA, headquartered in Oslo, Norway, recently released its financial results for the second quarter of 2024. Following its spin-off from Nel Hydrogen, the company reported impressive figures, with revenues totaling EUR 9.2 million, up 38% from the previous year. The EBITDA result, impacted by non-recurring costs related to the spin-off and stock-listing, was EUR -6.6 million, but after adjustments, showed a 39% improvement year-on-year at EUR -4.0 million. The company achieved a significant milestone by successfully deploying a record number of seven new hydrogen refueling stations in the same quarter, leading to substantial growth compared to the prior year. The CEO of Cavendish Hydrogen ASA, Robert Borin, expressed pride in the company's performance, highlighting the commitment and expertise of the installation team. Moving forward, the company expects activity levels in the second half of the year to remain steady in terms of equipment sales, while installation and commissioning projects might see a slight decrease. However, operational improvements in the station fleet are anticipated to positively impact margins. Cavendish Hydrogen ASA, a leading hydrogen fueling company operating globally with offices in various countries, including Denmark, the U.S, South Korea, and Austria, aims to expand its product portfolio to cater to the growing market for long-distance heavy-duty trucking. The company remains dedicated to meeting customer needs, driving positive environmental change, and ensuring operational excellence in its network of stations. The future looks promising for Cavendish Hydrogen ASA as it continues to grow and innovate in the hydrogen fueling industry.