Ceres Power Holdings PLC 2019 AR2
The report highlights Ceres Power Holdings plc's strong performance in FY2019, during which the company doubled its revenue for the fourth consecutive year to £16.4 million. Key achievements include strategic partnerships and licensing agreements signed with Bosch and Weichai Power, as well as a post-year-end agreement with Doosan. The company successfully raised £77.1 million in new equity, ensuring its investment plans are fully funded. Additionally, Ceres Power made significant progress on its new CP2 manufacturing facility in Redhill, UK, which is on track for production in early 2020. The company also aligned its operations with the UN Sustainable Development Goals and established its first dedicated ESG policy.
Company: Ceres Power Holdings PLC
Sector: Professional & technical services
Country: United Kingdom
Year: 2019
Type: AR2
Pages: 92
Ceres Power Holdings PLC
The report highlights Ceres Power Holdings plc's strong performance in FY2019, during which the company doubled its revenue for the fourth consecutive year to £16.4 million. Key achievements include strategic partnerships and licensing agreements signed with Bosch and Weichai Power, as well as a post-year-end agreement with Doosan. The company successfully raised £77.1 million in new equity, ensuring its investment plans are fully funded. Additionally, Ceres Power made significant progress on its new CP2 manufacturing facility in Redhill, UK, which is on track for production in early 2020. The company also aligned its operations with the UN Sustainable Development Goals and established its first dedicated ESG policy.
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Document Details
Report Year
2019
Reporting Period
Jul 1, 2018 - Jun 30, 2019
Fiscal Year
2019
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees