News blog

Clean Air Power Ltd

  • BY: Andrew Hore |
  • POSTED: 06/02/2013 |

Shares in Clean Air Power Ltd have risen by 37% as it confirmed that the gathering momentum at the end of 2012 has continued into this year.

The Dual-Fuel engine management technology developer sold 300 systems in Europe in 2012, up from 70 in 2011. More than 100 new orders have been received for the current year. On top of this, 20 Genesis-EDGE systems have been delivered.

At 9.25p a share, Clean Air Power is valued at £16.4m.

The 2012 figures will be published on 4 April and they will be in line with expectations which are for a loss of £1.24m, according to Edison. The company should break even or make a small profit this year.

Download the latest AIM Journal from http://www.hubinvest.com/AIMPDFJanuary2013_40.pdf

© 2024 Aim Micro. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Browse by issue
All issues
Popular tags
All tags

betbrokers, financial, gold, health, leisure, media, mobile, resources, services, technology

AIM Micro feeds

Keep up to date with articles published at AIMMicro.com. Subscribe to AIM Micro RSS Feeds