NEL ASA (OSL:NEL)
kr 2.704 -0.142 (-4.99%) Market Cap: 4.52 Bil Enterprise Value: 2.84 Bil PE Ratio: 0 PB Ratio: 0.96 GF Score: 72/100

Q2 2024 Nel ASA Earnings Call Transcript

Jul 17, 2024 / 06:00AM GMT
Release Date Price: kr6.31 (-7.05%)
Hakon Volldal
Nel ASA - Chief Executive Officer

Good morning, and welcome to Nel's second-quarter 2024 results presentation. Today, July 17, 2024. My name is Håkon Volldal, I am the CEO. With me today, I have Kjell Christian Bjørnsen, our CFO; and Wilhelm Flinder, our Head of Investor Relations.

We have the following agenda. Nel in brief, highlights from the second quarter, strategic and commercial update, production update, technology update, and as usual, we round it off with a Q&A.

After the spin-off of Cavendish Hydrogen, the former fueling division of Nel, we are now a fully dedicated electrolyzer technology company. We have a century of electrolyzer innovation behind us, and we are pushing for new technologies. We have one single focus and that is to deliver the most energy-efficient and reliable electrolyzers in the world. And we do that together with world-class partners in order to deliver the best-in-class turnkey systems.

Nel is listed on the Oslo Stock Exchange, as you might know, and we have been listed there since 2014. We are a leading pure-play

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