ITM Power Plc - Company Profile
Powered by 
All the data and insights you need on ITM Power Plc in one report.
$295
- Save hours of research time and resources with
our up-to-date ITM Power Plc Strategy Report
- Understand ITM Power Plc position in the market,
performance and strategic initiatives.
- Gain competitive edge and increase your
chances of success
ITM Power Plc (ITM Power) is a renewable energy company, which designs and manufactures hydrogen energy systems for clean fuel production and energy storage. The company develops equipment to convert renewable energy into a clean fuel that can be stored for use in transport, industrial, and residential applications; and a range of materials that facilitates the reduction of hydrogen production cost. The company develops and manufactures prototype products, and sells electrolysis equipment and hydrogen storage solutions. ITM Power's customers include electric utilities, industrial gas companies, automobile manufacturers, and mining companies. It sells the products in North America, Europe, Australia, and Asia. ITM Power is headquartered in Sheffield, South Yorkshire, the UK.
Headquarters
United Kingdom
Address
2 Bessemer Park, Sheffield, England, S91DZ
Website
www.itm-power.com
Telephone
44 114 2445111
No of Employees
415
Industry
Industrial Goods and Machinery
Ticker Symbol & Exchange
ITM (LON)
Revenue (2023)
$6.4M
-7.1%
(2023 vs 2022)
EPS
XYZ
Net Income (2023)
XYZ
-116.7%
(2023 vs 2022)
Market Cap*
$402.8M
Net Profit Margin (2023)
XYZ
-133.2%
(2023 vs 2022)
* As of and is in US$
ITM Power Plc premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Trident | Zero-Carbon Solutions |
| Neptune | Consultancy Services in Engineering Projects |
| Poseidon | Energy Security |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | New Products/Services | In November, the company launched Hybrid Stack. |
| 2023 | Corporate Changes/Expansions | In October, ITM Power Germany opened its business in Linden. |
| 2023 | Contracts/Agreements | In August, the company and FRIEM announced their collaboration on the joint development of a standard power supply unit. |
Competitor Comparison
| Key Parameters | ITM Power Plc | John Cockerill Group | Plug Power Inc | SFC Energy AG | Vivergo Fuels Ltd |
|---|---|---|---|---|---|
| Headquarters | United Kingdom | Belgium | United States of America | Germany | United Kingdom |
| City | Sheffield | Seraing | Latham | Muenchen | London |
| State/Province | England | Liege | New York | Bayern | England |
| No. of Employees | 415 | 6,500 | 3,868 | 381 | 100 |
| Entity Type | Public | Private | Public | Public | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Andy Allen | Chief Financial Officer | Executive Board | 2015 | - |
| Simon Bourne | Chief Technology Officer | Executive Board | 2009 | - |
| Dennis Schulz | Chief Executive Officer | Senior Management | 2022 | - |
| Roger Bone | Chairman | Non Executive Board | 2019 | - |
| Denise Cockrem | Director | Non Executive Board | 2022 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Still looking?
Have you found what you were looking for? From start-ups to market leaders, uncover what they do and how they do it.
Explorer
Access more premium companies when you subscribe to Explorer
Get in touch about GlobalData Company reports
Contact the team or request a demo to find out how our data can drive your business forward