Ceres Power Holdings Plc H1FY19 Revenue And Other Operating Income Surges By 133%

  • Oct 02, 2019 BST
  • Team Kalkine

Ceres Power Holdings Plc (CWR) has announced its final results for the year ended 30 June 2019.

Company’s revenue and other operating income surged by 133 per cent to £16.4 million.

The operating loss reduced by 33 per cent to £7.9 million from the loss of £11.9 million reported in 2018.

During the year, the company successfully raised £77.1 million of new equity from strategic partners and via a private placing with institutions.

On 2nd October 2019, at the time of writing, GMT 08:32 AM, CWR shares were trading at GBX 213.00, up by 5.00 points or 2.40% against the previous day closing price.

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