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Pin to quick picksProton Mtr Pwr Share News (PPS)

Share Price Information for Proton Mtr Pwr (PPS)

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Share Price: 2.10
Bid: 2.00
Ask: 2.20
Change: 0.00 (0.00%)
Spread: 0.20 (10.00%)
Open: 2.10
High: 2.10
Low: 2.10
Prev. Close: 2.10
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Proton Power shrinks sales and losses in 2015

Fri, 06th May 2016 16:53

(ShareCast News) - Designer and producer of fuel cells and electric hybrid systems, Proton Power Systems, reported on a year of reduced sales but a narrower loss on Friday.The AIM-traded company said the reduction in sales to £0.68m from £1.41m in 2014 was due to the phasing of its Siemens order within the 2015 calendar year.It described a "clear momentum" in the business resulting in increased enquiries and a larger sales pipeline, with a current order book of £1.8m during the year.Proton's operating loss reduced by 26% from 2014 to sit at £4.6m at year-end, with cash burn from operations also shrinking by 6% to £4.5m."The group has been providing CleanTech Hybrid Fuel Cell solutions for over 20 years, resulting in a very strong technical and financial base for the long term," said Proton Power chairman Ian Peden."Fuel cell technology creates electricity from hydrogen while it does not emit carbon dioxide."Peden said as a substance, hydrogen is easily stored which makes it the ideal energy source for the future."Hydrogen related businesses globally are currently estimated at $58bn and this market is estimated to grow dramatically in the future."The group is ready and strategically positioned to roll out solutions to the world markets," Peden added.
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15 Mar 2011 16:23

Sector movers: Nuclear fears boost alternative energy stocks

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29 Sep 2010 13:47

Small caps round-up: Andrews Sykes, Northbridge, Sceptre...

Air conditioning unit hirer Andrews Sykes lifted profits to £7.11m, from £6.5m, in the half year to June, despite sales weakening a little to £27.6m. Overall, the board is cautiously anticipating a reasonable performance for the rest of 2010, it added. India-focused investment group EIH increased n

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26 Jul 2010 09:55

Proton Power Systems Appoints Meyne To Board Of Directors

LONDON (Dow Jones)--Proton Power Systems PLC (PPS.LN), a designer, developer and producer of fuel cells and fuel cell electric hybrid systems, Monday announces that it has appointed Dr. Christian Meyne to the Board of Directors of the Company, with immediate effect. MAIN FACTS: -Meyne, 43 ye

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10 Jun 2010 09:13

Small caps round-up: Portrait Software, Intercede, Sarantel...

Customer information software group Portrait Software has agreed a £44.4m cash bid from US giant Pitney Bowes. The offer is 31p per share. The company also revealed a move back into the black in the year to March, with profits of £1.14m on sales of £15.9m. Security systems software developer Inte

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10 Jun 2010 08:47

Proton Power Systems Receives EUR9.2M Grant Funding

LONDON (Dow Jones)--Proton Power Systems Plc (PPS.LN), a designer, developer and producer of fuel cells and fuel cell electric hybrid systems, announced Thursday that it has received approval and support for non refundable grant funding in relation to projects worth in total EUR9.2 million from the

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2 Feb 2010 11:12

Small caps round-up: Ceramic Fuel, Cosalt, e2v, ...

Alternative energy firm Ceramic Fuel Cells has won an order for its BlueGen power and heating unit from Kiwa Gas Technology in fthe Netherlands for delivery in the second quarter of 2010. The company also welcomed the government's unveiling of its feed-in tariffs for small scale low carbon electric

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15 Jul 2009 08:44

Small caps round-up: Abcam, Rugby Estates, O Twelve...

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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27 May 2009 17:02

London close: Footsie limps back into positive territory

The movements of London's blue-chip index looked as if they were being directed by the grand old Duke of York today, with the index starting the day on the up, then heading lower over the lunchtime session before finishing roughly where it started. Sterling moved above $1.60 for the first time sin

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27 May 2009 14:58

London afternoon: Footsie drifts into the red

London's leading shares are mixed in quiet trading. Hopes of receiving a lift from a strong start on Wall Street have been dashed, with the US market trading indecisively as London as traders await the release of US existing home sales data. Water companies receive a boost ahead of the sector's res

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27 May 2009 12:10

London midday: Water companies keep Footsie afloat

The Footsie is barely keeping its head above water, despite expectations of a moderately firm start on Wall Street. Water companies receive a boost ahead of the sector's results season which starts this week, with Credit Suisse claiming the sector's rally is set to continue. The Swiss bank has upgr

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27 May 2009 10:16

Contract wins for Avanti, Bond, Kentz and Proton Power

Avanti Communications has agreed a deal with the European Commission worth €600,000 over three years to provide satellite communications technology for ports, lorry parks and terminals in the North Sea. Recruitment group Synergy has signed a minimum two year contract worth £124,000 with Bond Intern

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