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IN BRIEF: AFC Energy revenue falls; loss widens

ALN

AFC Energy PLC - Surrey, England-based provider of hydrogen power generation technologies - Revenue from customer contracts falls to £227,000 in the year ended October 31, from £582,000 a year earlier. Pretax loss widens to £19.6 million from £19.5 million. Says 2024 is focussed on delivery. Chief Executive Adam Bond says: ‘We are well placed to build on the foundations set in 2023 and look forward to the successful deliveries of our new H-Power Generators into the hands of customers throughout the remainder of the 2024 calendar year.’

Current stock price: 18.80 pence, closed down 3.1% in London on Tuesday

12-month change: down 6.9%

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