tiprankstipranks
Nel ASA Pivots Focus, Expands Hydrogen Tech Reach
Company Announcements

Nel ASA Pivots Focus, Expands Hydrogen Tech Reach

NEL ASA (NLLSF) has released an update.

Don't Miss our Black Friday Offers:

Nel ASA, a leader in electrolyser technology for renewable hydrogen production, has refocused its operations solely on developing and delivering high-efficiency electrolysers after spinning off its Fueling division. The company is committed to advancing next-generation electrolyser technologies, has formed strategic partnerships to access global markets, and is significantly expanding its production capacity. Nel’s positive financial growth, marked by an improved EBITDA, indicates a promising trajectory towards profitability.

For further insights into NLLSF stock, check out TipRanks’ Stock Analysis page.

Related Articles
TheFlyNel re-initiated with a Reduce at Kepler Cheuvreux
TheFlyNel downgraded to Underperform from Hold at Jefferies
TipRanks European Auto-Generated NewsdeskNel ASA Secures EU Grant for Hydrogen Tech Expansion
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App