ITM Power Plc (ITM) Q4 2024 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning. Welcome to the ITM Power PLC investor presentation. Throughout this recorded meeting, investors will be in listen-only mode. Questions are encouraged and can be submitted at any time by the Q&A tab situated on the right-hand corner of your screen. Just click Q&A, type your question, and press send. The company may not be in a position to answer every question received during the meeting itself. If the company would be in a position to review all questions submitted today and publish responses where appropriate to do so. Before we begin, we'd like to submit the following poll. I'd now like to hand you over to the ITM Power team. Good morning! Today we want to talk about how the financial year which ended in April went for us as a business. We will give an update on how the regulatory and funding landscape has evolved and which trends we see with our customers. We will check in on our strategic priorities and provide impressions of our company's evolution. We will share insights into our pipeline of sales opportunities and we will give an update on our reference plan situation and product performance. Last but not least, we will summarize our financial results and provide guidance for the financial year 2024-2025. My first full financial year at IDM has seen the company make significant progress. We completed our 12-month plan and have transformed IDM into a credible delivery organization. Today, we have a focused portfolio of products, all utilizing the same market-leading stack technology, which we can now deploy into projects of any size and into almost every region of the world without adaptation. This offers us unmatched supply chain and scale-up advantages. We have achieved a crucial shift in culture. Previously, we spoke about slowing down and focu...