Ceres Power Holdings PLC (LSE:CWR)
£ 1.661 0.033 (2.03%) Market Cap: 321.74 Mil Enterprise Value: 198.25 Mil PE Ratio: 0 PB Ratio: 1.90 GF Score: 41/100

Half Year 2023 Ceres Power Holdings PLC Earnings Call Transcript

Sep 28, 2023 / 08:30AM GMT
Release Date Price: £3.27 (-0.79%)
Operator

Good morning, ladies and gentlemen. Welcome to the Ceres Power Holdings plc interim results investor presentation. (Operator Instructions)

Before we begin, we'd like to submit the following poll. And as usual, I'm sure the company would be most grateful for your participation. And I'd now like to hand over to CEO, Phil Caldwell. Good morning.

Philip Joseph Caldwell
Ceres Power Holdings plc - CEO & Executive Director

Good morning, everybody, and thank you for joining us. I'm Phil, Chief Executive, and I'm joined obviously, with Eric Lakin, our CFO; and Elizabeth, Director of Investor Relations this morning.

I'm very pleased to talk you through the interim results for the period ending 30th of June this year. So the business continues to make good progress, both operationally and strategically. We've got a number of key activities going on, particularly with our 2 main licensee partners, Bosch and Doosan progressing towards start of production. A significant milestone this year was Bosch receiving IPCEI funding of around EUR 160 million

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