tiprankstipranks

Proton Motor Powers Ahead with Zero-Carbon Systems

Proton Motor Powers Ahead with Zero-Carbon Systems

Proton Power Systems (GB:PPS) has released an update.

Confident Investing Starts Here:

Proton Motor Power Systems reports a year of continued progress, with a minor sales increase to £2,122k despite a slightly reduced order intake. The company, focusing on zero-carbon fuel cell systems, has seen a shift towards stationary applications, representing 96% of their orders. Investment in a new production facility and a restructuring plan are underway to enhance future production and sales while managing an operating loss and preparing for an anticipated rise in market demand.

For further insights into GB:PPS stock, check out TipRanks’ Stock Analysis page.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.

Report an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App