14th Mar 2011 10:22
Alkaline fuel cells developer AFC Energy has reported its first full-year commercial revenue of £0.18m for the year ended 31 October. The revenue was for the delivery and testing of a system for Linc Energy. It expects these revenues to increase through 2011 and 2012. However, pre-tax loss increase
Read more28th Oct 2010 16:48
AFC Energy non-executive director Mitchell Field has raised just over £250,000 by selling shares in the AIM-quoted fuel cell developer. Field sold 339,909 shares at 73.91p each. He appears to have got his timing right because that is not far off the highest ever price for the shares, which have fa
Read more4th Oct 2010 12:14
Shares in fuel cell developer AFC Energy jumped 10.7% after signing a binding letter of intent (LOI) to develop fuel cell power stations with Powerfuel and B9 Coal. The stations will be powered by surface coal gasification and/or natural gas, and will include low-cost carbon capture and storage (C
Read more15th Jul 2010 07:55
LONDON (Dow Jones)--AFC Energy PLC (AFC.LN), a developer of low-cost alkaline fuel cell technology, said Thursday it will support the project announced by B9 Coal, and its affiliate B9 Gas, to create a natural gas power station using revolutionary fuel cell technology. MAIN FACTS: -The proje
Read more7th Jul 2010 17:04
Alkaline fuel cells developer AFC Energy has generated its first commercial revenues with more to come in the second half. Guildford-based AFC has generated those revenues from the deployment of one of its fuel cell systems at Linc Energy's underground coal gasification (UGC) demonstration facilit
Read more7th Jul 2010 08:00
LONDON (Dow Jones)--AFC Energy PLC (AFC.LN), a developer of low-cost alkaline fuel cells, Wednesday reported a first half pretax loss of GBP1.38 million, compared with a loss of GBP1.18 million a year earlier. MAIN FACTS: -Loss per share for the half year ended April 30 0.92 pence (2009: los
Read more29th Jun 2010 16:31
London's leading shares ended with heavy losses as concerns about the global economy resurfaced again. Traders were nervy in Europe about bank payments that need to be made to the European Central Bank this week, while triple-digit falls on Wall Street added to London's woes. As in London, US in
Read more29th Jun 2010 14:27
Expectations of a triple-digit fall on the Dow Jones index when Wall Street opens has added to London's woes. As in London, US investors are concerned that China's economy is not likely to grow at the rate previously anticipated. US based research group the Conference Board said overnight that its
Read more29th Jun 2010 14:00
Guildford-based fuel cell developer AFC Energy said it has successfully deployed an alkaline fuel cell system at Linc energy's underground coal gasification (UGC) demonstration facility in Chinchilla, Australia. So far as AFC is aware, this is the first time that a hydrogen fuel cell has been deplo
Read more29th Jun 2010 07:49
LONDON (Dow Jones)--AFC Energy PLC(AFC.LN), a developer of low-cost alkaline fuel cells, said Tuesday an alkaline fuel cell system has been successfully deployed and operated at Linc Energy's (LNC.ASX) underground coal gasification, or UCG, demonstration facility in Chinchilla, Australia. MAIN F
Read more13th Apr 2010 14:06
Contract bio-manufacturing company Angel Biotechnology saw an almost four-fold increase in the value of contracts signed in 2009, as its revenue surged 55% to £1.48m from £0.95m in 2008. Loss before tax narrowed to £0.75m from £1.09m the year before. "The business development activities are delive
Read more11th Mar 2010 14:33
Property investors Hansteen Holdings says that it is no longer considering an offer for Kenmore European Industrial Fund. Social housing repairs company Connaught has denied press speculation that it has received an offer approach. The rumour was that 3l-backed Enterprise would bid 450p a share fo
Read more29th Jan 2010 13:29
British coal miner UK Coal expects to record an operating loss in 2009 of around £65m (2008: £0.7m loss) with an overall loss before taxation and exceptional items, including the non-cash reduction in property valuation, at around £115m (2008: £15.7m). In line with previous guidance, total product
Read more13th Oct 2009 08:04
Construction and property consultancy firm Cyril Sweett said overall trading for the half year is expected to be in line with expectations but added that there will be a number of one-off costs. Logistics software specialist Kewill expects to report results for the six months ended 30 September in
Read more15th Jul 2009 08:44
Abcam, a biosciences firm that markets antibodies online, said sales for the year have ended slightly ahead of its earlier expectations. Trading in the second half of the year has been strong and the exchange rate environment has been more favourable than was previously envisaged due to the continu
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