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Pin to quick picksCeramic Fuel Cells Share News (CFU)

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Interest in Ceramic Fuel heats up

Mon, 25th Jul 2011 13:43

Ceramic Fuel Cells charged higher Monday after it announced its largest ever order for its Bluegen units.Sanevo, which has has substantial experience in marketing and selling new technology power and heating products in Germany, through more than 120 qualified sales partners, has placed an initial order for 100 units.The German company has signed a distribution agreement with Ceramic Fuels to market, sell, install and service BlueGen gas-to-electricity products in regions of Germany and Austria. The deal targets a minimum order of 500 Bluegen units for delivery in the second year of the agreement and a target of 2,000 units over years three and four. Provided Sanevo orders these agreed minimum numbers of BlueGen units during 2012 to 2014, Sanevo has exclusive rights to distribute BlueGen to commercial and residential customers in the German States of Baden-Württemberg and Bavaria, and in Austria. Ceramic Fuel Cells retains full rights to sell BlueGen units to utilities and energy service companies.News of the deal was accompanied by a trading update from Ceramic Fuel Cells, covering the second quarter.The company said sales of its Bluegen units improved by 190% over the first quarter. Receipts from customers for the June quarter were £0.8m, up from £0.5m in the March quarter. Net operating cash outflow for the June quarter was £2.7m, which was lower than the preceding quarter due to higher receipts from customers and a lower level of inventory purchases. The net cash outflow after operating, investing and financing activities for the June quarter was £3.7m.For the full year to 30 June 2011 receipts from customers were AU$ 3.3m (£2.2m), which was AU$1.7m (£1.1m) higher than last financial year. Total cash inflow for the year was AU$6.4m (£4.3m), which included net receipts from shares issued during the year of AU$28.9m (£19.2m).Cash at 30 June 2011 was 19.1m Australian dollars, equivalent to around £12.7m.--jh
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9 May 2011 16:21

Chairman's wife sells Hiscox shares

The wife of specialist insurance firm Hiscox's chairman Robert Hiscox has pocketed more than £80,000 from the sale of shares in the company. Julia Hiscox offloaded 20,000 at 411p a time. The announcement of the sale comes the week after the Bermuda-based company said Robert Hiscox sold 56,398 shar

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27 Apr 2011 16:10

Ceramic Fuel gets go-ahead for EWE order

Ceramic Fuel Cells (CFC), the low emission power products developer, saw shares rise after confirming that the conditional order for a government project by German utility giant EWE has been given the all clear and work has begun. The order - received in December - for 200 integrated power and heat

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16 Mar 2011 15:43

Sector movers: Alternative energy is wanted as nuclear crisis continues

The alternative energy sector is the best performing sector for the third consecutive day, as the problems in Japan continue to have a positive effect on shares. The sector has risen almost 14% over the last week. Workers had to be evacuated from the stricken Fukushima Dai-ichi nuclear plant after

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25 Feb 2011 16:01

Viscount Rothermere raises £5m

Viscount Rothermere, the chairman of newspaper publisher and exhibitions organiser Daily Mail and General Trust (DMGT), has sold £5m worth of shares. Viscount Rothermere sold 909,974 A ordinary non-voting shares at 550.57p each. He still owns 20.7% of the A non-voting shares, or just over 75m.

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18 Feb 2011 07:58

Small caps round-up: Blinkx, Motive Television, Noventa

Video search engine specialist blinkx said its technology is slated to be available soon through the applications (apps) library of Boxee, the company that produces a box that finds shows and films on the internet and streams them to a television set. The blinkx app for Boxee gives users the abili

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24 Jan 2011 12:26

CFC cash outflow rises as BlueGen orders increase

Fuel cells and micro-CHP products developer Ceramic Fuel Cells (CFC) says that the net operating cash outflow increased in the quarter to December 2010 because of increases in stocks as sales of micro-CHP products build up. German utility EWE has placed an order for up to 200 integrated power and

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3 Dec 2010 16:51

London close: Lower finish after weak US jobs data

Footsie closed in the red after a sluggish day's trading, with the calm only briefly interrupted by jitters following weak US jobs data in the afternoon. Non-farm payrolls increased by 39,000 during the month, down from a revised increase of 172,000 in October and well short of expectations that ab

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3 Dec 2010 14:30

London afternoon: Footsie dives on US jobs data

Jobs growth slowed sharply in the US in November and unemployment unexpectedly rose, which was not the result the market had been hoping for. The data sent shares on this side of the pond into a dive, and pushed Footsie into the red. Non-farm payrolls increased by 39,000 during the month, down fro

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3 Dec 2010 13:01

Generator order boosts Ceramic Fuel

A conditional order for 200 power and heat generators has boosted the share price of energy efficient technology group Ceramic Fuel Cells. The order, which was made by the German energy group EWE, is worth up to €4.9m (£4.1m), Ceramic Fuel said. The generators convert natural gas into electricity

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5 Aug 2010 14:24

Small caps: API, Ceramic Fuel, MTI Wireless...

Ceramic Fuel Cells has made its first BlueGen product sale in the United States to one of the United States' largest energy companies. CFC will install a BlueGen gas-to-electricity generator at the energy utility's engineering centre in California. The BlueGen unit is scheduled to be installed

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28 Jul 2010 15:24

UPDATE: Ceramic Fuel Cells Confirms 49 BlueGen Orders

(Adds analyst comment, detail, share price.) By Hannah Benjamin and Razak Musah Baba Of DOW JONES NEWSWIRES LONDON (Dow Jones)--Domestic fuel cell company Ceramic Fuel Cells Ltd (CFU.LN) Wednesday said it has received orders for 49 of its BlueGen modular style fuel cell generators, inclu

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28 Jul 2010 07:26

Ceramic Fuel Gets Orders For 49 BlueGen Units, Signed Licence Pact

LONDON (Dow Jones)--Ceramic Fuel Cells Ltd(CFU.LN) a developer of high efficiency and low emission power products for homes, said Wednesday that it has received orders for 49 BlueGen units from 14 customers in 6 countries, as at July 28, and said it has signed a licence agreement with U.S.A-based Ne

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19 Jul 2010 14:47

Sector movers: Electricity surges, alternative energy lacks power

International Power has given the electricity sector a jolt, revealing that it is in talks with French energy giant GDF Suez about entering a partnership to create a new London listed electricity group. The British power station developer and GDF Suez confirmed they are in preliminary discussions r

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19 Jul 2010 13:26

Small caps round-up: Accys, CML, Ceramic Fuel

An upbeat trading statement from Accsys Technologies boosted shares in the wood products group. Revenue from its Accoya wood climbed to €3.2m in the last quarter, up 46% from the same period the previous year. CML Microsystems is also in demand. The designer of semiconductors mostly used for commun

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29 Jun 2010 11:03

Small caps round-up: Northern Bear, Airsprung, Pursuit Dynamics...

Support services group Northern Bear stretched its strong run Tuesday after claiming a good start to the new financial year, with its order book and pipeline well up on a year ago. "The board is pleased to announce that the new financial year has started well, with strong order books and a healthy

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