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Ceres Power Holdings PLC - Horsham, West Sussex-based developer of clean energy technology - Schedules the release of its delayed 2023 results for Monday next week. They had been meant to be released last month, but were delayed due to the need to make adjustments to the timing of revenue recognition. This will result in a "modest" increase in revenue in 2023 from its previously guided GBP21 million to GBP22 million, Ceres says, but decreases in revenue credited to prior years. Ceres previously had reported GBP22.1 million in revenue for 2022, down from GBP30.8 million in 2021.
Current stock price: 140.00 pence
12-month change: down 59%
By Tom Waite, Alliance News editor
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