Half Year Results 

Ceres starts to build licence revenues

Ceres starts to build licence revenues

New licence fees have driven revenues and the gross margin for Ceres Power (CWR) at the half-year mark, but given where the "next generation" fuel cell developer is on the road towards full commercial exploitation, we shouldn’t read too much into the figures. Of more significance is the continued switch to revenue generated by customers, as opposed to external grants.

To continue reading, subscribe today

and enjoy unlimited access to the following:

  • Tips of the Week
  • Funds coverage
  • Weekly features on big investment themes
  • Trading ideas
  • Comprehensive companies coverage
  • Economic analysis
Subscribe to Investors Chronicle

Subscribe today

Full access for just £3.37 a week:

• Tips and recommendations - to beat the market 
• Portfolio clinic & Mr Bearbull - build a well-planned portfolio 
• Expert tools - track and manage investments effortlessly
• Plus free delivery to your home or office

Subscribe Now