Ceres Power Holdings PLC‘s (LON:CWR) Phil Caldwell tells Proactive London’s Andrew Scott they’re in a strong position and are enjoying good operational momentum despite the coronavirus (COVID-19) outbreak. Revenue for the period to June 30, 2020, will be in the region of £20mln, representing year-on-year growth of 20-25%. Cash and short-term investments were £108mln as of that date. ”We’re not short of opportunity …. we expect to sign a couple of new partnerships this year and also we’re starting to go into higher power applications”, Caldwell says.
Published at Thu, 09 Jul 2020 12:16:00 +0000-Ceres Power CEO sees ‘incredibly bright future’ with further partnerships and new applications