strategic partnerships continue to deliver commercial GROWTH Ceres Power Holdings plc ("Ceres Power", "Ceres", the "Company" or the "Group") (AIM: CWR.L), a global leader in fuel cell and electrochemical technology, announces its final results for the 18 months ended 31 December 2020.
Financial highlights · Strong progress on major contracts has driven an increase in revenue and other operating income to £33.0m for the 18 months ended 31 December 2020 (12 months ended 30 June 2019: £16.4m) · On a comparable calendar year basis, revenue and other operating income for the 12 months ended 31 December 2020 (CY2020) has increased 15% to £21.9m (12 months ended 31 December 2019 (CY2019): £19.1m) · Increased gross profit of £2 1.3 m for the 18 months ended 31 December 2020 (1