Collapsing oil price pushes Hydrogen Group into red

The collapse in the oil price had a dramatic effect on Hydrogen Group’s financial performance during 2015, according to the company as it revealed a loss before exceptional items of £0.7m compared to a profit of £2.4m in 2014.
Tue, 22 Mar 2016

The collapse in the oil price had a dramatic effect on Hydrogen Group’s financial performance during 2015, according to the company as it revealed a loss before exceptional items of £0.7m compared to a profit of £2.4m in 2014.

Group revenue was also badly hit falling from £169.4m to £122.8m as oil companies, who make...

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