HRS Signs a 5-Year Maintenance Contract for 6 Hydrogen Stations in Auvergne-Rhône-Alpes
HRS has entered into a five-year maintenance framework agreement covering six hydrogen refueling stations operated by HYmpulsion as part of the Zero Emission Valley project in Auvergne-Rhône-Alpes. This agreement strengthens the portfolio of recurring contracts for the Grenoble-based manufacturer, now covering 22 of its 31 installed stations.
A Five-Year Contract for the Supervision and Maintenance of Six Stations
Under this contract, HRS will provide comprehensive maintenance for the six HRS stations located in the Auvergne-Rhône-Alpes region on behalf of HYmpulsion. These stations, located in Aubenas (300 kg/day), Saint-Égrève (600 kg/day), Vénissieux (600 kg/day), Lyon-Saint-Exupéry (1 ton/day), Malataverne (1 ton/day), and Saint-Priest (300 kg/day), will receive full preventive and corrective maintenance coverage. The service is supported by a dedicated team of engineers and technicians available 24/7, 365 days a year. HRS provides spare parts and ensures remote supervision as well as real-time technical support from its control room.
Significant Growth in Recurring Revenues
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Of its 31 installed hydrogen refueling stations, HRS now covers 22 stations through signed maintenance contracts. Eight additional contracts are being finalized or are forthcoming with the gradual commissioning of new stations. The development of recurring revenues is a major strategic focus for HRS. The company recorded a 33% growth in this area during the first half of the fiscal year 2025-2026. This momentum is expected to accelerate as new stations are commissioned.
Strengthening Presence alongside HYmpulsion
Hassen Rachedi, founder and CEO of HRS, states: 'We are deeply grateful to HYmpulsion for this renewed vote of confidence in our expertise. From the beginning, we have been committed to supporting the deployment of hydrogen mobility in Auvergne-Rhône-Alpes. This five-year maintenance framework agreement illustrates the trust placed in the quality, reliability, and performance of our infrastructure.'
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Context
Period
Period: 1S2025/2026
Key reported figures
Revenue: 8.6M€
EBITDA: -2,4M€
Net income: -19589M€
Guidance from the release
Hassan Rachedi a souligné l'importance de l'hydrogène dans l'énergie.
HRS ajuste ses prévisions de chiffre d'affaires.
Risks mentioned
Ajustement des calendriers de décision sur le marché européen.
Impacts de la géopolitique sur la souveraineté énergétique.
Ralentissement du marché de l'hydrogène.
Diminution importante des effectifs.
Opportunities identified
Montée en puissance d'un socle de revenus récurrents.
Installation de nouvelles stations en France.
Prise de commande internationale pour 3,4 M€.
Développement de solutions de production électrique hydrogène.
Expansion commerciale internationale dans plusieurs régions.
The information presented in this article is provided for informational purposes only and does not constitute an investment recommendation, an incentive to buy or sell a financial asset, or investment advice. Readers are invited to conduct their own research before making any decision.
Investments in the stock market involve risks, including the risk of capital loss. Past performance of an asset or market is no guarantee of future results. Any investment decision should be made taking into account your personal financial situation, objectives and risk tolerance.
