ITM Power, the energy storage and clean fuel company, announces an update on trading and operations for the period since its Half-Year Results announcement on 29th January 2015.
The results for the year to 30th April 2015 will be announced at the end of July and are expected to be in line with projections at a pre-tax level.
The company currently has £12.91m of projects under contract and a further £2.80m of contracts in the final stages of negotiation. This reflects the successful conclusion of a number of negotiations. In March 2015, the company received £4.9m as a strategic investment from JCB.
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