Become a Member
  • Track your favourite stocks
  • Create & monitor portfolios
  • Daily portfolio value
Sign Up
Quickpicks
Add shares to your
quickpicks to
display them here!

IN BRIEF: AFC Energy revenue falls; loss widens

26th Mar 2024 20:40

AFC Energy PLC - Surrey, England-based provider of hydrogen power generation technologies - Revenue from customer contracts falls to GBP227,000 in the year ended October 31, from GBP582,000 a year earlier. Pretax loss widens to GBP19.6 million from GBP19.5 million. Says 2024 is focussed on delivery. Chief Executive Adam Bond says: "We are well placed to build on the foundations set in 2023 and look forward to the successful deliveries of our new H-Power Generators into the hands of customers throughout the remainder of the 2024 calendar year."

Current stock price: 18.80 pence, closed down 3.1% in London on Tuesday

12-month change: down 6.9%

By Sophie Rose, Alliance News senior reporter

Comments and questions to [email protected]

Copyright 2024 Alliance News Ltd. All Rights Reserved.

FTSE 100 Latest
Value8,139.83
Change60.97