logo-loader
viewCeres Power Holdings PLC

Ceres Power on track to see full year revenues more than double

Phil Caldwell, chief executive of Ceres Power Holdings PLC (LON:CWR), speaks to Proactive London's Andrew Scott after recently announcing their half-year results to December 2018.

Caldwell says full year revenue and other operating income's on track to more than double for the fourth successive year to more than £15 million.

Ceres is the brains behind the SteelCell, a low-cost, next-generation fuel cell, which is in its fifth iteration.

The firm has deals with Robert Bosch and Chinese engineering giant, Weichai - field trials have begun with large manufacturers, while there is a healthy pipeline of potential partners at the evaluation stage.

Quick facts: Ceres Power Holdings PLC

Price: 215 GBX

LSE:CWR
Market: LSE
Market Cap: £329.22 m
Follow

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of Ceres Power Holdings PLC named herein, including the promotion by the Company of Ceres Power Holdings PLC in any Content on the Site, the...

FOR OUR FULL DISCLAIMER CLICK HERE

Watch

Ceres Power secures partnership with Chinese giant Weichai Power

Ceres Power Holdings PLC's (LON:CWR) Phil Caldwell tells Proactive the company has secured access to the  Chinese market through a partnership with Weichai Power, a Chinese engine manufacturer with a US$10bn market cap. He adds that Weichai also has a large market presence in...

on 25/5/18

RNS

Notice of Annual General Meeting

3 days, 4 hours ago

Capital Markets Day

3 days, 14 hours ago

Holding(s) in Company

1 week, 1 day ago

New hydrogen-ready system

1 week, 3 days ago

Change of Auditor

1 week, 4 days ago

Final Results

on 2/10/19

2 min read